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Deals of the day-Mergers and acquisitions
Oct 29, 2025 2:58 AM

Oct 29 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Japan's Sumitomo Corp ( SSUMF ) said it would spend about

881.7 billion yen ($5.85 billion) to turn SCSK ( SCSKF ), an IT

service company, into a wholly owned subsidiary.

** Japanese technology group NEC will pay about $2.89

billion to acquire U.S.-based telecoms and broadband software

company CSG Systems ( CSGS ), it said.

** Chinese private equity firm Boyu Capital has emerged as the

frontrunner to buy a controlling stake in Starbucks' ( SBUX )

China business in a deal that could value the unit at more than

$4 billion, Bloomberg News said on Tuesday.

** Medical equipment maker Thermo Fisher is nearing an

all-cash takeover of U.S-based Clario in a deal that could value

the clinical trial data management company at about $10 billion,

the Financial Times reported on Tuesday.

** Private equity firm Francisco Partners is close to a deal to

buy device management software provider Jamf ( JAMF ), two

people familiar with the matter said, taking the company private

a little more than five years after its market debut.

** Argentina's state-run oil company YPF said on

Tuesday it has acquired the remaining 50% stake in Refinor from

Hidrocarburos del Norte for $25.2 million.

** Nvidia ( NVDA ) will pay $1 billion for a stake of 2.9% in

Nokia as part of a deal focused on AI and data

centers, the Finnish telecom equipment maker said on Tuesday as

its shares hit their highest level in nearly a decade.

(Compiled by Rajarshi Roy and Anhata Rooprai in Bengaluru)

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