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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)

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