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Deals of the day-Mergers and acquisitions
Jul 2, 2025 2:49 AM

July 2 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Luxembourg's largest brewery Brasserie Nationale lost its

challenge against EU antitrust scrutiny of its proposed buy of

wholesale drinks distributor Boissons Heintz as Europe's

second-highest court sided with EU regulators.

** British scientific instruments maker Spectris ( SEPJF ) has

agreed to a takeover offer from U.S. investment firm KKR

valuing it at 4.7 billion pounds ($6.46 billion) including debt,

and has withdrawn its support for a rival offer from

Advent.

** London-listed Aviva disclosed in a London Stock Exchange

filing that it has completed its 3.7 billion pound ($5.09

billion) takeover of rival Direct Line Group.

** Private equity group KKR will acquire ProTen, one of

Australia's largest broiler chicken growers, from pension fund

Aware Super, the parties said in a joint statement without

disclosing financial details.

** Euronext is in talks to buy up to 100% of the Athens

Stock Exchange in a 399 million euro ($470 million) all-share

deal that would be the latest for a group that already operates

stock markets in countries including France and the

Netherlands.

** A merger between French business software provider

LumApps and its Swiss peer Beekeeper will create a new unicorn

worth about $1.1 billion, the two companies said. The deal

announced on Wednesday is backed by British private equity group

Bridgepoint

** The new German government has no plans currently to take

a stake in Thyssenkrupp's defence division TKMS, the

business daily Handelsblatt reported on Wednesday, citing

government sources.

(Compiled by Rajarshi Roy and Siddhi Mahatole in Bengaluru)

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