Aug 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1930 GMT on Monday:
** AbbVie ( ABBV ) will buy an experimental depression drug
from partner Gilgamesh Pharmaceuticals for up to $1.2 billion,
the companies said, seeking to access a fast-growing market for
psychedelic-based treatments.
** U.S. soft drinks giant Keurig Dr Pepper ( KDP ) is set to
create a global coffee giant to rival market leader Nestle
with an $18 billion takeover of JDE Peet's,
Europe's largest acquisition in more than two years.
** Thoma Bravo will acquire Verint Systems ( VRNT ) in a $2
billion deal, including debt, the customer engagement platform
said on Monday, marking the latest software buyout as private
equity firms increasingly bet on AI to navigate an uncertain
economy.
** U.S. shale producer Crescent Energy ( CRGY ) said it
would acquire smaller peer Vital Energy ( VTLE ) in an all-stock
deal valued at $3.1 billion, including debt.
** The pension trust of Mercedes-Benz will
sell off its roughly $346 million shareholding, a 3.8% stake, in
Nissan Motor ( NSANF ), a spokesperson for the German carmaker
said , adding to pressure on the Japanese automaker's share
price.
** Royalty Pharma ( RPRX ) said it has signed a deal
with BeOne Medicines to acquire a royalty interest in Amgen's ( AMGN )
drug for small cell lung cancer for up to $950 million.
** French cocoa trader Touton SA said it was in
exclusive talks to be sold to commodity and energy trader
Hartree Partners.
** Vienna Insurance Group (VIG) said it has won a public
auction to acquire 80% of leading Moldovan non-life insurer
Moldasig SA, strengthening its position in Central and Eastern
Europe (CEE).
** The owners of the EPIC Crude pipeline are exploring a
sale, with any deal likely to value the energy infrastructure at
around $3 billion including debt, people familiar with the
matter said.
(Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)