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Deals of the day-Mergers and acquisitions
Jul 16, 2025 6:55 AM

July 16 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1330 GMT on

Wednesday:

** Private equity firm Warburg Pincus will acquire a

majority stake in Keystone Agency Partners, the insurance broker

announced.

** French industrial tech firm Schneider Electric is in talks to buy the remaining 35% stake in its India

unit from minority partner Temasek Holdings, Bloomberg News

reported.

** Israeli mobile phone operator Pelephone has offered up to

2 billion shekels ($594 million) in cash to buy all of rival HOT

Mobile from Patrick Drahi's Altice International, Pelephone's

parent company Bezeq Israel Telecom said.

(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

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