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Deals of the day-Mergers and acquisitions
Mar 11, 2026 2:52 AM

March 11 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** Anduril Industries said it has signed a definitive

agreement to acquire ExoAnalytic Solutions, a national security

company specializing in space sensing and awareness and missile

defense.

** Bankrupt U.S. auto parts maker First Brands said Tuesday that

it had agreed to sell its Walbro business line to

Canada-headquartered Active Dynamics Group for $50 million. The

company is selling business units to fund its bankruptcy

restructuring and address fraud claims.

** Aga Khan Fund for Economic Development (AKFED) said on

Tuesday it is selling its entire stake in East Africa-focused

Nation Media Group to Taarifa Ltd.

** Risk Theory has made its first MGA acquisition after it

completed a deal for New York City-focused commercial

habitational property specialist Roundhill Express.

** Austria's Raiffeisen Bank is closing in on a deal

to buy the Romanian business of BBVA's Garanti unit,

two people with knowledge of the situation told Reuters on

Tuesday.

** Arthur J Gallagher's U.S. wholesale brokerage, binding

authority and programs division Risk Placement Services has

acquired S Philips Surety & Insurance Services, which provides

surety bonds to agents and brokers on the west coast of the U.S.

** Facebook parent Meta Platforms ( META ) said on Tuesday it

had acquired Moltbook, a social networking platform built for

artificial intelligence agents, bringing the company's founders

into its AI research division.

** French global media group Canal+ ( CNALF ) said on Tuesday it

had acquired a majority stake in Lucky Red, one of Italy's

leading independent film distribution and production company,

giving the group its first operational foothold in the country.

** Medical device maker Medtronic ( MDT ) said on Tuesday it

would buy U.S.-based Scientia Vascular in a deal valued at $550

million, expanding its line-up of products used in stroke care.

** Frontera Energy accepted a $525 million offer from

Canada's Parex Resources for its Colombian exploration and

production assets on Tuesday, topping a rival bid from GeoPark.

(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)

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