financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Jun 13, 2025 3:20 AM

June 13 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1000 GMT on Friday:

** French banking group BPCE has agreed to buy U.S. private

equity fund Lone Star's 75% stake in Novo Banco in a deal that

values Portugal's fourth-largest bank at 6.4 billion euros

($7.39 billion), following a wave of consolidation in European

banking.

** Canada's Dundee Precious Metals ( DPMLF ) will acquire

UK-based Adriatic Metals ( ADMLF ) in a cash-and-stock deal

valued at $1.25 billion, the companies said , marking the latest

in a string of foreign takeovers of UK firms.

** British healthcare real estate investor Primary Health

Properties ( PHPRF ) urged rival Assura to back its

bid over a takeover offer from KKR and Stonepeak.

** U.S. private equity firm MPE Mgt Co-backed MPE Bidco said it

will buy British industrial machinery and equipment maker Renold ( RNOPF )

in a 186.7 million pound ($252.61 million) cash deal.

** Meta Platforms ( META ) has finalized a deal to pay around

$15 billion for a 49% stake in Scale AI, Axios reported on

Thursday, citing sources.

** Thermo Fisher Scientific ( TMO ) plans to sell its

diagnostics unit for about $4 billion in an attempt to offload

some of its low-growth assets, the Financial Times reported on

Thursday, citing people familiar with the matter.

(Compiled by Rajarshi Roy and Padmanabhan Ananthan in

Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved