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Deals of the day-Mergers and acquisitions
Oct 28, 2025 3:13 AM

Oct 28 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Tuesday:

** French media group Banijay will buy a majority

stake in betting firm Tipico from private equity group CVC

, it said, in a move that will create one of Europe's

biggest online gaming operators.

** Ryan Specialty ( RYAN ) has acquired Canadian managing

general underwriter Stewart Specialty Risk Underwriters (SSRU)

in a deal that will see London-listed venture capitalist BP

Marsh receive C$51.9 million ($37.1 million) for its

28.2% shareholding in the firm.

** U.S. investment firm Long Path agreed to take British

software provider Idox private in a 339.5 million pound

($438 million) deal , offering shareholders 71.5 pence per share

in cash.

** Barclays will buy U.S. personal loan originator Best Egg

for $800 million, the British bank said, as it tries to add

scale in its personal banking business in the United States.

** Skyworks Solutions ( SWKS ), which supplies radio

frequency chips to Apple and other smartphone makers,

held talks in recent months to buy rival Qorvo ( QRVO ), The

Information reported, citing people familiar with the matter.

** FirstSun Capital Bancorp ( FSUN ) will buy First

Foundation in an all-stock deal valued at $785 million,

the companies said on Monday, as mergers and acquisitions within

regional banks accelerate amid credit concerns in the sector and

macroeconomic uncertainties.

** SAP, Europe's largest software provider,

offered to buy accounting software firm BlackLine ( BL ) for

nearly $4.5 billion in June but was rebuffed and is now

considering whether to pursue the company again, according to a

copy of the offer letter reviewed by Reuters and a person

familiar with the matter.

(Compiled by Rajarshi Roy and Anhata Rooprai in Bengaluru)

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