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Deals of the day-Mergers and acquisitions
Aug 12, 2025 3:07 AM

August 12 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Canada's Gildan Activewear ( GIL ) is nearing a deal to

acquire HanesBrands ( HBI ), which could value the U.S.

innerwear-maker at about $5 billion including debt, the

Financial Times reported , citing people familiar with the

matter.

** The owners of aland Health Holding, a China-based global

nutritional supplement maker, are seeking to sell their combined

controlling stake, targeting a valuation of more than $1.5

billion, two sources with knowledge of the matter said.

** Law firm Taft, Stettinius & Hollister said Monday that it

plans to combine with Atlanta-based Morris, Manning & Martin,

marking what Taft said was its ninth merger in less than two

decades and continuing a string of U.S. legal industry tie-ups

this year.

** U.S. financial software provider MeridianLink ( MLNK ) said

on Monday it would be acquired by investment firm Centerbridge

Partners in a $2 billion deal, taking it private roughly four

years after its New York debut.

** Spark New Zealand ( NZTCF ) said it will sell a 75% stake in

its data centre business to Australian fund manager Pacific

Equity Partners, valuing the business at up to NZ$705 million

($418.63 million).

(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)

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