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Deals of the day-Mergers and acquisitions
Aug 13, 2026 3:11 AM

August 13 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** A mandatory offer from KKR to buy Philippines-based

First Gen Corp would value it at around 165.44 billion

pesos ($2.70 billion), the power producer and its parent First

Philippine Holdings said.

** Investment firm Candle Lake has offered to buy Swedish online

casino provider Evolution for about 131.7 billion

Swedish crowns ($13.73 billion), it said in a statement.

** Anthropic is in talks to buy Nvidia-backed startup Decart AI,

according to a source familiar with the matter, as the Claude

maker explores acquisitions that could help it handle growing

demand ahead of its public listing.

** Bank of America ( BAC ) will acquire as much as a 49.9% stake

in the non-bank lending arm of Jio Financial Services

in a 182.68 billion rupee ($1.92 billion) deal, as the U.S.

lender expands its presence in India's fast-growing financial

sector.

** Activist investor Ancora Holdings said on Wednesday it has

proposed to buy H.B. Fuller's Building Adhesive

Solutions business for as much as $1.2 billion in cash.

** Australia's Cleanaway Waste Management said it has

received an about A$9.4 billion ($6.64 billion) takeover

proposal from EQT Infrastructure.

(Compiled by Rajarshi Roy and Shania S Thomas in Bengaluru)

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