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Deals of the day-Mergers and acquisitions
Jul 14, 2025 3:55 AM

July 14 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on Monday:

** German energy firm Techem will remain in the hands of

investor Partners Group after its sale to U.S.

financial investor TPG fell through in May, the Swiss

private equity firm said, confirming an earlier report.

** Australia's Abacus Storage King ( ABSKF ) said it received a

sweetened takeover offer from a consortium comprising a South

African billionaire, valuing the firm at A$2.17 billion ($1.42

billion) and sending its shares soaring over 7%.

** India's VIP Industries on Sunday announced that

Chairman Dilip Piramal and his family have entered an agreement

with the Multiples Consortium to sell a stake of up to 32% in

the company.

(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

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