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Deals of the day-Mergers and acquisitions
Jun 25, 2025 3:13 AM

June 25 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Wednesday:

** UK's Warehouse REIT accepted a 485.2 million

pound ($661 million) takeover offer from Tritax Big Box REIT

, walking away from a previous deal with Blackstone

agreed in early June.

** French state-owned utility EDF's new chief is considering

a sale of some assets as part of a review of the firm's

portfolio in a bid to meet government demands to spur

investments in new nuclear reactors, the Financial Times

reported on Wednesday.

** Spain's BBVA is considering whether to go

ahead with its bid for Sabadell after conditions

imposed by the Spanish government on the deal and will reassess

the impact on its estimated cost savings, the bank's country

manager for Spain said on Wednesday.

** New Zealand accounting software giant Xero agreed to buy

New York payments provider Melio for $2.5 billion, the companies

said, accelerating the Kiwi firm's push into the U.S. with the

country's biggest outbound deal in over a decade.

** Monte dei Paschi di Siena said on Wednesday the

European Central Bank had approved its proposed acquisition of

rival Mediobanca, including under a scenario in which

it gains a stake of less than 50% in the rival.

** Brighthouse Financial ( BHF ) has narrowed down a

field of suitors to money manager TPG and Abu Dhabi-backed

financial investor Aquarian Holdings, as the U.S. life insurance

and annuity provider continues to explore a potential sale,

according to people familiar with the matter.

(Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)

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