Deals of the day-Mergers and acquisitions

Brightcove

26/11/2024 10:36

Nov 26 (Reuters) - The following bids, mergers,
acquisitions, and disposals were reported by 1030 GMT on
Tuesday:

    ** Switzerland's Roche  ROG.S  will acquire its U.S.
collaboration partner Poseida Therapeutics  PSTX.O  in a cash
deal worth up to $1.5 billion, banking on complex immune cell
therapies against several types of blood cancer to boost its
development pipeline. urn:newsml:reuters.com:*:nL2N3MX07R
    
    ** Affinity Equity Partners, a Hong Kong-based buyout firm,
has concluded two acquisitions in Southeast Asia worth a
combined $1.65 billion, people with knowledge of the deals
said. urn:newsml:reuters.com:*:nL3N3MX0DK
    
    ** Qualcomm's  QCOM.O  interest in acquiring Intel  INTC.O 
is said to have cooled due to complexities associated with the
deal, Bloomberg News reported on Monday, citing people familiar
with the matter. urn:newsml:reuters.com:*:nL3N3MX072
    
    ** Cloud-based streaming platform Brightcove  BCOV.O  said
on Monday that Bending Spoons will buy the company in a
transaction valued at about $233 million, adding to a string of
deals by the Italian tech firm as it bolsters its app
portfolio. urn:newsml:reuters.com:*:nL3N3MW0UI
    
    ** Abu Dhabi's Mubadala Capital will take CI Financial
 CIX.TO  private in a C$12.1 billion ($8.66 billion) all-cash
deal, including debt, the Canadian asset and wealth manager said
on Monday. urn:newsml:reuters.com:*:nL3N3MW0LH
    
    ** Regional lender Old National Bancorp  ONB.O  will buy
privately held Bremer Financial in a $1.40 billion
cash-and-stock deal, the companies said on Monday, creating a
combined bank with over $70 billion in assets. urn:newsml:reuters.com:*:nL3N3MW0JO
    
    ** Summit Materials  SUM.N  said on Monday that rival
Quikrete would acquire the company in a deal valued at $11.5
billion, in a move to capitalize on higher demand for building
materials. urn:newsml:reuters.com:*:nL3N3MW0L7

 (Compiled by Rajarshi Roy and Kamal Choudhury in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com;))