August 13 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 0930 GMT on
Wednesday:
** Israeli software provider Sapiens International ( SPNS ) said
that it will be acquired by Advent International for $2.5
billion in cash, as the U.S. private equity firm zeros in on the
insurance industry amid an AI boom.
** China-headquartered medical device maker Kangji Medical
said on Tuesday it had received a go-private proposal
from a consortium backed by investment firm TPG, valuing
the firm at HK$11.17 billion ($1.42 billion).
** Cenovus Energy ( CVE ) is in talks with Canadian Indigenous
groups to jointly buy MEG Energy ( MEGEF ), Bloomberg News
reported on Tuesday, citing people familiar with the
discussions.
** Canada's Gildan Activewear ( GIL ) is nearing a deal to buy
Hanesbrands ( HBI ), potentially valuing the U.S.
innerwear-maker at about $5 billion, including debt, according
to a person familiar with the matter.
** Perplexity AI made a $34.5 billion unsolicited all-cash offer
for Alphabet's Chrome browser on Tuesday, a bid far
above its own valuation as the startup reaches for the browser's
billions of users pivotal to the AI search race.
** Turkey's largest hospital operator Acibadem has agreed to buy
an 80% stake in Bayindir Hospitals from Is Bankasi for $55
million, Acibadem's Chairman Mehmet Ali Aydinlar said on
Tuesday.
(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)