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Deals of the day-Mergers and acquisitions
Aug 27, 2025 12:59 PM

August 27 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1930 GMT on

Wednesday:

** Italy's MediaForEurope (MFE) is set to take

control of ProSiebenSat.1 after Czech investment

group PPF said it would sell its stake in the German broadcaster

to MFE.

** Harvest Midstream, owned by the founder of privately held

Hilcorp Energy, has agreed a deal to acquire $1 billion worth of

natural gas gathering and processing assets from MPLX ( MPLX ),

the companies said.

** ByteDance, the owner of short-video app TikTok, is set to

launch a new employee share buyback that will value the Chinese

technology giant at more than $330 billion, driven by continued

revenue growth, said three people with knowledge of the matter.

** Britain's Warehouse REIT said a buyout offer

from peer Tritax Big Box REIT was formally terminated

after both parties chose not to proceed with the proposal

following a rival agreement.

** Sompo Holdings ( NHOLF ) said on Wednesday that it would

acquire New York-listed Aspen Insurance Holdings ( AHL ) for

about $3.5 billion, joining a number of Japanese financial firms

that are investing in overseas assets to drive growth.

** Defence group Rheinmetall wants to take

over German shipbuilder Naval Vessels Luerssen, the German daily

Bild reported, citing industry sources.

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

it has agreed to sell its renewable energy development

activities in the Netherlands to Dutch firm Greenchoice for an

undisclosed sum.

** Canada Goose's, controlling

shareholder Bain Capital has received bids to take the luxury

goods maker private at a valuation of about $1.4 billion, CNBC

reported late on Tuesday, citing people familiar with the

matter.

** Qatari investment firm Al Mansour Holdings has taken a

19.9% stake in Australia's Invictus Energy ( IVCTF ) and will

provide up to $500 million to help the company develop its

Cabora Bassa gas project in Zimbabwe, the companies said.

** British sportswear and fashion retailer Frasers ( SDIPF )

said it has entered the leisure activity market with the

acquisition of a minority stake in We Do Play, the operator of

Rumble Rooms and gaming venues Activate.

(Compiled by Rajarshi Roy and Pooja Menon in Bengaluru)

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