Deals of the day-Mergers and acquisitions
13/06/2025 14:44
Adds: Updates: BPCE, Meta June 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** France's BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE and Lone Star said. nL8N3SG0KN ** Canada's Dundee Precious Metalswill acquire UK-based Adriatic Metals in a cash-and-stock deal valued at $1.25 billion, the companies said, marking the latest in a string of foreign takeovers of UK firms. nL4N3SG0NV ** British healthcare real estate investor Primary Health Properties (PHP) urged rival Assura to back its bid over a takeover offer from KKR and Stonepeak . nL4N3SG0QR ** U.S. private equity firm MPE Mgt Co-backed MPE Bidco said it will buy British industrial machinery and equipment maker Renold in a 186.7 million pound ($252.61 million) cash deal. nL4N3SG0OU ** Facebook-owner Meta META.O has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant's artificial intelligence strategy. nL4N3SG03L ** Thermo Fisher Scientific plans to sell its diagnostics unit for about $4 billion in an attempt to offload some of its low-growth assets, the Financial Times reported on Thursday, citing people familiar with the matter. nL4N3SF1KN (Compiled by Rajarshi Roy and Padmanabhan Ananthan in Bengaluru) ((Padmanabhan.Ananthan@thomsonreuters.com))