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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: Utz Brands, Attestor, Anemos Private Investments, Metro Bank, Vaar Energi

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

** Utz Brands <UTZ.N> said it has agreed to be acquired by Germany's Intersnack Group in a deal valued at about $2.9 billion, including debt, that would take the salty snacks maker private and give the European firm a foothold in the U.S. market. nL4N43N10Q

** Investment firm Attestor plans to acquire the remaining 49% of German leisure airline Condor from the German government by September 30, exercising an option it has held since 2021 after the carrier repaid a state-backed loan ahead of schedule, a person familiar with the matter told Reuters. nL1N43M0LY

** Italy's Anemos Private Investments, a private equity firm part of family office Samhita, said it had closed the acquisition of Terre di Puglia, a producer of Apulian taralli.

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** Britain's Metro Bank <MTRO.L> is exploring a £2 billion ($2.7 billion) merger with rival lender Aldermore, which was put up for sale by South Africa's FirstRand <FSRJ.J> following the motor finance mis-selling scandal, Sky News reported .

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** Norway's Vaar Energi said it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer by output, in a deal indicated at around $1.33 billion.

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** German carmaker Volkswagen AG <VOWG_p.DE> is in advanced talks to sell a stake in its India business to the JSW industrial conglomerate, in order to infuse fresh capital and bolster the unit, Bloomberg News reported , citing sources.

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** Hungary's OTP Bank <OTPB.BU>, central Europe's largest independent lender, said it has agreed to buy Luminor Bank, the third-largest bank in the Baltics region.

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** Norway's Vaar Energi said it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer in a deal worth around $1.33 billion that sent shares in both companies up more than 5%.

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** British outsourcer OCS Group International will buy listed rival Mitie <MTO.L> for £3.1 billion ($4.17 billion), the companies said , forming a facilities management firm positioned to tap booming demand for AI-driven infrastructure services.

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** David Martinez, one of Banco Sabadell's <SABE.MC> largest shareholders who stepped down from the Spanish lender's board last year, has sold a stake of nearly 1.6% in the bank, according to stock market supervisor data reviewed by Reuters .

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** Carl Icahn's Icahn Enterprises <IEP.O> has struck a deal to sell auto-service chain Pep Boys to Mavis Tire Express Services for $700 million in cash, the Wall Street Journal reported on Monday, citing people familiar with the matter.

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** Brazilian digital lender Nubank <NU.N>, formally known as Nu Holdings, said on Monday it has agreed to buy Banco Porto Real, adding a banking license to its financial conglomerate in Brazil, according to a securities filing.

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** Cardinal Health <CAH.N> said on Monday it has agreed to buy AdaptHealth's <AHCO.O> diabetes health business and medical supply provider Strive Medical in separate deals for about $360 million in total, expanding its home care business.

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

((shanias.thomas@thomsonreuters.com))

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