Deals of the day-Mergers and acquisitions

ABOUT YOU Holding SE

07/03/2025 21:06

Adds: Agribrasil and Tata Power Renewable Energy

March 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

** Brazilian listed grain trader Agribrasil GRAO3.SA has held talks with suitors interested in buying a stake in the firm, according to two sources familiar with the matter speaking on condition of anonymity because the discussions are private.

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** India's Tata Power Renewable Energy Ltd (TPREL) said it is exploring setting up 7 gigawatts (GW) of green energy projects in the southern state of Andhra Pradesh at an investment of 490 billion Indian rupees ($5.63 billion).

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** Norwegian oil company DNO  has agreed to buy rival Sval Energi from private equity group HitecVision in a deal valued at $1.6 billion, it said, marking further consolidation among North Sea oil and gas producers.

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** German e-retailer Zalando  said that it has secured the purchase of more than 90% of ABOUTYOU's YOUG.DE share capital in its public takeover offer, taking plans to buy the smaller rival a step further.

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** Walgreens Boots Alliance  will be taken private by Sycamore Partners for $10 billion, the firms said on Thursday, closing out nearly a century of trading on public markets for the U.S. pharmacy giant.

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** Star Entertainment SGR.AX said it has not yet reached an agreement over selling 50% stake in its Brisbane joint venture to its Hong Kong-based shareholders.

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** Australia's Insignia Financial IFL.AX said it had received higher takeover offers from Bain Capital and CC Capital Partners, with both the private equity firms sweetening their bids to A$3.34 billion ($2.11 billion).

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 (Compiled by Rajarshi Roy, Aamir Sohail and Pooja Menon in Bengaluru)

 ((Pooja.Menon@thomsonreuters.com))