financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
Oct 17, 2025 2:50 AM

Oct 17 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1030 GMT on Friday:

** ANE (Cayman) said it received a conditional

take-private offer from a consortium comprising its largest

shareholder Centurium Capital and Singapore's Temasek, which

could lead to its delisting from the Hong Kong Stock Exchange.

** Spain's Cellnex said that it has signed a put

option agreement to sell all its 99.99% share capital in

Towerlink France to Vauban Infra Fibre for 391 million euros

($458 million).

** Smiths Group ( SMGKF ) said on Thursday it will sell its

interconnect unit to U.S. electronic components maker Molex

Electronic in a deal valued at 1.3 billion pounds ($1.75

billion), after facing investor pressure to break up the

conglomerate.

** Crypto heavyweight Kraken said on Thursday it has acquired

futures exchange Small Exchange from IG Group for $100 million,

paving the way to launch a fully U.S.-based derivatives suite.

** S&P Global ( SPGI ) has agreed to buy private markets data

provider With Intelligence, the company said on Wednesday, as it

looks to expand its products for the fast-growing segment of

financial services.

** Brazilian motor maker Weg announced on Thursday

the acquisition of around 54% of Tupinamba Energia, an electric

vehicle charging management software company.

** Consumer goods company Mammoth Brands announced on Thursday

that it will buy premium baby care brand Coterie, which counts

models and entrepreneurs Karlie Kloss and Ashley Graham as

investors.

** Private equity firm Sentinel Capital Partners said on

Thursday it sold the HVAC division of NSI Industries to Lennox

International for about $550 million in cash.

(Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Jul 18, 2024
09:01 AM EDT, 07/18/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) declined 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.1% recently. Domino's Pizza (DPZ) fell more than 14% after saying it expects to miss its 2024 target of opening 925 international outlets by up...
Cintas' Fiscal Q4 Earnings, Revenue Rise; Fiscal 2025 Guidance Issued
Cintas' Fiscal Q4 Earnings, Revenue Rise; Fiscal 2025 Guidance Issued
Jul 18, 2024
09:00 AM EDT, 07/18/2024 (MT Newswires) -- Cintas ( CTAS ) reported fiscal Q4 earnings Thursday of $3.99 per diluted share, up from $3.33 a year earlier. Analysts polled by Capital IQ expected $3.80. Revenue for the quarter ended May 31 was $2.47 billion, compared with $2.28 billion a year earlier. Analysts surveyed by Capital IQ expected $2.47 billion. The...
Textron posts quarterly profit beat on business jet, helicopter demand
Textron posts quarterly profit beat on business jet, helicopter demand
Jul 18, 2024
(Reuters) - Textron ( TXT ) beat Wall Street estimates for second-quarter profit on Thursday, on higher demand across its businesses that make private jets and military helicopters. Private jet makers have gained from robust demand for aircraft since the pandemic, as the wealthy switched to private flying. Revenue at Textron Aviation, its most profitable business, rose 8% to $1.48...
Entree Resources Reports Additional Drill Results from Entree/Oyu Tolgoi Project in Mongolia
Entree Resources Reports Additional Drill Results from Entree/Oyu Tolgoi Project in Mongolia
Jul 18, 2024
09:02 AM EDT, 07/18/2024 (MT Newswires) -- Entree Resources ( ERLFF ) reported Thursday additional diamond drill hole results from 2022 and 2023 drilling programs at the Hugo North Extension (HNE) deposit on the Entree/Oyu Tolgoi property in Mongolia. In a statement it said a portion of the analytical results from the 2023 drilling program, and all of the results...
Copyright 2023-2026 - www.financetom.com All Rights Reserved