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
Jul 23, 2025 3:08 AM

July 23 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** London-based buyout firm CapVest Partners is in talks to

acquire a majority stake in German drugmaker Stada Arzneimittel,

Bloomberg News reported on Tuesday.

** Zara founder Amancio Ortega's investment vehicle Pontegadea

Inversiones has agreed to acquire a 49% stake in PD Ports from

Brookfield Asset Management ( BAM ), the British ports and

logistics company said on Tuesday.

** Amazon ( AMZN ) has reached a deal to buy San Francisco-based

Bee, a startup making an artificial intelligence-enabled

bracelet to listen in on and transcribe conversations.

** Brazilian software company Totvs has agreed to buy

StoneCo's ( STNE ) Linx unit in a deal worth 3.05 billion reais

($547.90 million), it said on Tuesday, adding that it expects

the move to strengthen its position in the retail segment.

** Kazakhstan's Halyk Bank has agreed to a deal to buy a 49%

stake in Uzbek payment provider Click for $176.4 million in

exchange for Click purchasing a 49% stake in Halyk's Uzbek

subsidiary, Tenge Bank, for $60.76 million, the companies said.

** South Africa's Competition Tribunal has approved Canal+'s ( CNALF )

35 billion rand ($2 billion) takeover offer for TV

broadcaster MultiChoice, subject to agreed conditions,

the companies said.

(Compiled by Rajarshi Roy and Apratim Sarkar 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 >
Embraer Receives $4 Billion Aircraft Order From Scandinavian Airlines; Shares Up
Embraer Receives $4 Billion Aircraft Order From Scandinavian Airlines; Shares Up
Jul 1, 2025
10:02 AM EDT, 07/01/2025 (MT Newswires) -- Embraer ( ERJ ) shares were up more than 4% in early Tuesday trading after the company said it received an order from Scandinavian Airlines for 45 E195-E2 aircraft, with purchase rights for an additional 10 aircraft, valued at $4 billion excluding the purchase rights. The deliveries are scheduled to begin in late...
Paramount Global, Mediacom Renew Distribution Deals
Paramount Global, Mediacom Renew Distribution Deals
Jul 1, 2025
10:03 AM EDT, 07/01/2025 (MT Newswires) -- Paramount Global ( PARAA ) and Mediacom said Tuesday that they renewed their distribution agreements, extending Mediacom's carriage of Paramount's networks. No financial details were disclosed. Price: 12.95, Change: +0.05, Percent Change: +0.39 ...
What's Going On With Rocket Lab Stock On Tuesday?
What's Going On With Rocket Lab Stock On Tuesday?
Jul 1, 2025
Rocket Lab Corporation is trading higher in Tuesday’s premarket session following a major milestone in its national security business. The company announced it has successfully completed the Critical Design Review (CDR) for its 18-spacecraft mission under the U.S. Space Development Agency’s Tranche 2 Transport Layer-Beta (T2TL-Beta) program. According to Benzinga Pro, RKLB stock has gained over 687% in the past year....
China's Innogen expects to complete weight-loss drug trials next year
China's Innogen expects to complete weight-loss drug trials next year
Jul 1, 2025
* Innogen's experimental drug approved for diabetes treatment * Innovent latest to secure China's approval for weight-loss drug * More weight-loss drugs seen coming onto the market, analyst says * Local competition in weight-loss drug market intensifying By Andrew Silver SHANGHAI, July 1 (Reuters) - Chinese drugmaker Innogen expects to complete a late-stage clinical trial of its experimental weight-loss drug...
Copyright 2023-2025 - www.financetom.com All Rights Reserved