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Deals of the day-Mergers and acquisitions
May 26, 2025 10:05 AM

May 19 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1000 GMT on Monday:

** Toyota Industries Corp ( TYIDF ) plans to accept a tender

offer by Toyota Motor Corp ( TM ), its chairman Akio Toyoda

and others, and is making arrangements to announce its intention

as early in May, Kyodo news agency reported.

** British finance group Legal & General ( LGGNF ) said it had

agreed to acquire a 75% stake in real estate investor Proprium,

as the company sharpens its focus on private markets under chief

executive Antonio Simoes.

** KKR said it believed its offer for British healthcare

property investor Assura represented a "superior"

proposal after rival suitor Primary Health Properties PHP.L

outbid the U.S. private equity firm last week.

** Diageo ( DEO ) still has no plans to sell its well-performing

beer brand Guinness, CEO Debra Crew said on Monday, when the top

spirits maker said it expected to make substantial changes to

its portfolio.

** European Union antitrust regulators will decide by June 25

whether to clear Mars' $36 billion takeover of Pringles maker

Kellanova ( K ), according to a European Commission filing.

(Compiled by Rajarshi Roy and Priyanka.G in Bengaluru)

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