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Deals of the day-Mergers and acquisitions
Aug 1, 2025 3:15 AM

August 1 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Friday:

** Norway's biggest utility, state-owned Statkraft, said it

had agreed to sell its renewables portfolio in Canada, Enerfin

Canada, to Atlantica Sustainable Infrastructure for an

undisclosed sum.

** French life and health insurer AXA has agreed

to buy a 51% stake in Italian direct insurance group Prima for

500 million euros ($571 million) as it seeks to strengthen its

position in Italy's motor business, it said.

** Goldman Sachs ( GS ) is poised to buy into ice cream

maker Froneri at a 15-billion-euro ($17.13 billion) valuation

including debt, the Financial Times reported.

** Investor Ray Dalio sold his remaining stake in

Bridgewater Associates, the hedge fund he founded 50 years ago,

according to a letter sent to investors, while Brunei's

sovereign fund acquired a minority stake in the firm, a source

said.

** Blackstone Inc ( BX ) has emerged as the frontrunner to

buy energy-focused data provider Enverus for around $6 billion,

according to sources familiar with the matter.

(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)

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