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Deals of the day-Mergers and acquisitions
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Deals of the day-Mergers and acquisitions
Mar 12, 2026 3:06 AM

March 12 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** UK's Savills ( SVLPF ) said it would buy real estate investment

bank Eastdil Secured in a $1.1 billion deal, including debt, as

it looks to expand in North America and deepen its

capital-markets presence, though concerns over Middle East

tensions drove shares lower.

** Energean ( EERGF ) said it would acquire Chevron's ( CVX )

interests in two offshore Angola oil blocks for a base

consideration of $260 million, as the Mediterranean-focused gas

producer follows through on its plan to build out a hub in West

Africa.

** MidOcean Energy, an LNG company backed by U.S.

energy-focused private equity firm EIG, has agreed to acquire

additional Australian liquefied natural gas project stakes from

Japan's JERA, the companies said .

** Japan's biggest utility and LNG buyer, JERA, has agreed

to sell its interests in two Australian liquefied natural gas

(LNG) projects, Gorgon and Ichthys, to MidOcean Energy.

** Billionaire Tilman Fertitta has been in exclusive talks to

buy Caesars Entertainment ( CZR ) for roughly $7 billion after

he topped a competing offer from Carl Icahn's firm, the Wall

Street Journal reported on Wednesday, citing people familiar

with the matter.

** Qatari-backed investment fund Irth Capital this month

offered to pay $47 a share to buy Papa John's International, in

a second attempt after it tried to buy the pizza chain alongside

Apollo Global Management last year, said two sources familiar

with the matter.

** French bank Credit Agricole has agreed to buy

Ukraine's Bank Lviv, it said on Wednesday, adding that the deal

formed part of its strategy of supporting the reconstruction of

Ukraine's economy, which has been hit by the war with Russia.

** Oil producer Capricorn Energy ( CRNZF ) said on Wednesday it

has received multiple non-binding takeover proposals from

Alamadiyaf al-Masiyyah, a Cafani Group-affiliated investment

vehicle, for a possible all-cash deal.

(Compiled by Rajarshi Roy and Sumit Saha in Bengaluru)

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