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Deals of the day-Mergers and acquisitions
Jul 31, 2025 3:01 AM

July 31 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** Air France-KLM has pulled out of the process to buy

a stake in privately owned Spanish airline Air Europa, a

spokesperson for the Franco-Dutch airline group said.

** Canada's Brookfield Wealth Solutions ( BNT ) agreed to

acquire Just Group for 2.4 billion pounds ($3.18

billion) as part of its expansion into the UK pension risk

market, sending the British insurer's shares to an 11-year high.

** Euronext has offered to buy Hellenic Exchanges - Athens Stock

Exchange (ATHEX) in a 412.8 million euro ($472.7

million) all-share deal, it said.

** JD.com ( JD ) is acquiring Germany's Ceconomy in

a deal that values the electronics retailer at 2.2 billion euros

($2.5 billion), allowing one of China's largest online retailers

to expand outside of its home market.

** Drugmaker AbbVie is in talks to acquire

privately-held mental health therapeutics company Gilgamesh

Pharmaceuticals in a deal worth about $1 billion, Bloomberg News

reported on Wednesday, citing people familiar with the matter.

** U.S. law firm Wilson Sonsini Goodrich & Rosati has sold its

technology unit SixFifty to human resources software firm

Paychex ( PAYX ), calling it one of the largest-ever deals for a

law firm tech subsidiary.

(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)

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