Deals of the day-Mergers and acquisitions

Reuters
05 Mar
Deals of the day-Mergers and acquisitions

March 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday:

** Australian lender Commonwealth Bank of Australia said it has sold its remaining 4.4% stake in Vietnam International Commercial Joint Stock Bank , marking its full exit from the Vietnamese lender.

nL3N3PO0UN

** Swedish grocery retailer ICA Gruppen said it would sell its Baltic subsidiary to Denmark's biggest supermarket operator Salling Group in a deal worth 1.3 billion euros ($1.38 billion), excluding debt.

nL3N3PO0T6

** Nvidia-backed CoreWeave said on Tuesday it is acquiring AI developer platform Weights & Biases, as the company seeks to extend its cloud platform ahead of its IPO.

nL3N3PO0QZ

** Japan's Trial Holdings 141A.T said it would spend 382.6 billion yen ($2.55 billion) to acquire the Seiyu supermarket chain controlled by U.S. private equity fund KKR .

nL2N3PO08Z

** Arthur J. Gallagher said on Tuesday it would acquire rival Woodruff Sawyer in a $1.2 billion deal, marking the insurance broker's latest move to expand its business.

nL3N3PN28I

(Compiled by Rajarshi Roy and Aamir Sohail in Bengaluru)

((Aamir.sohail@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10