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Deals of the day-Mergers and acquisitions
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Deals of the day-Mergers and acquisitions
May 27, 2025 4:00 AM

May 27 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Harmony Gold, South Africa's top gold producer by

volume, has agreed to buy Australian miner Mac Copper Ltd ( MTAL )

in a deal worth $1.03 billion as it steps up a

diversification into copper.

** Malaysia-headquartered private equity firm Navis Capital

Partners has sold its controlling stake in Vietnamese seafood

producer and processor, Godaco Seafood, in a management buyout,

it said in a statement.

** Gallagher Re has acquired Beijing-based Nongxin Insurance

Brokerage Company, the reinsurance broker announced on Monday.

** The co-founder of Indian airline IndiGo, Rakesh

Gangwal, sold a 5.7% stake in the low-cost carrier through a

block deal worth about $1.36 billion, a term sheet showed.

** Australian software company WiseTech Global ( WTCHF ) on

Monday announced its biggest deal to date, buying out U.S. cloud

computing firm E2open for $2.1 billion to broaden its

product offerings.

(Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)

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