Deals of the day-Mergers and acquisitions

Argentex

07/08/2025 15:25

Adds: Ripple

August 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

** Ripple will buy stablecoin payments platform Rail for $200 million, the company said, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.

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** The previously announced acquisition of Britain's Argentex  by cross-border payments provider IFX Payments has been terminated after the currency risk management business entered administration last month, the companies said. nL4N3TZ0L4

** Western Midstream Partners  said it will acquire Aris Water Solutions  in a cash-and-stock deal valued at about $1.5 billion as it aims to diversify operations in the Permian Basin. nL4N3TY1WU

 (Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))