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Deals of the day-Mergers and acquisitions
Jul 30, 2025 3:07 AM

July 30 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Evercore ( EVR ) will acquire British boutique investment

bank Robey Warshaw for $196 million, the U.S. investment bank

said.

** French electrical equipment maker Schneider Electric

said that it has agreed to buy Temasek's 35% stake in

its Indian joint venture for 5.5 billion euros ($6.4 billion) in

cash.

** Britain's International Personal Finance ( IPFPF ) said it is

in advanced talks with U.S.-based specialty finance group

BasePoint Capital over a 223.8 pence per share potential

takeover offer.

** European investment firm EQT will launch a $2.7

billion tender offer for Fujitec ( FJTCF ) at 5,700 yen per

share, the Japanese elevator maker said.

** Oilfield services firm Baker Hughes ( BKR ) said on Tuesday

it would buy Chart Industries ( GTLS ) in a $13.6 billion

all-cash deal, including debt, topping a previously-agreed

merger offer that Chart struck with rival Flowserve ( FLS ) last

month.

** Union Pacific ( UNP ) said on Tuesday it would buy smaller

rival Norfolk Southern ( NSC ) in an $85 billion deal to create

the first U.S. coast-to-coast freight rail operator and reshape

the movement of goods from grains to autos across the country.

** NYSE parent Intercontinental Exchange ( ICE ) is in talks to

buy Enverus in a deal that would value the energy data and

analytics specialist firm at least $6 billion, Bloomberg News

reported on Tuesday, citing people familiar with the matter.

** Spanish water and renewable energy company Cox is

considering buying Iberdrola's assets in Mexico, Chief

Executive Nacho Moreno told Reuters on Wednesday, as part of the

company's strategy to pursue growth through acquisitions.

** Banco BPM, Italy's third-largest, is looking at

potential merger and acquisition deals and has several options

on the table, its CEO Giuseppe Castagna told Italian daily La

Stampa.

** Three groups including Bain Capital and KKR are

preparing to bid for Sapporo Holdings' ( SOOBF ) real estate

business, according to two sources familiar with the matter.

** Dye & Durham ( DYNDF ) will review strategic alternatives

to stabilize its finances and may even consider selling itself,

it said on Tuesday, reaching a settlement that avoids a proxy

fight with its second-largest investor, Plantro.

(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)

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