Deals of the day-Mergers and acquisitions

Brookfield

18/08/2026 10:37

August 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
     
** Global investment firm Brookfield BN.TO is taking a fourth shot at buying Reliance Worldwide RWC.AX with an A$4.1 billion ($2.91 billion) bid, despite a profit slump and an uncertain business outlook for the Australian plumbing supplies group created by tariffs and volatile housing activity. nL4N44E1FM
     
** Australian investment manager EQT Holdings EQT.AX said it had received a takeover proposal from U.S.-based brokerage firm TPG Global, LLC, valuing the company at A$657.8 million ($467.63 million). nL4N44F00K
     
** Alphabet's GOOGL.O Google is acquiring internal business data from bankrupt Spirit Airlines for $10 million, saying it plans to use the data for product development and training its AI models. nL1N44E0TP
     
** U.S.-based Madison Air Solutions MAIR.N said on Monday it would buy German fan maker ebm-papst in a $5.4 billion deal, expanding its air quality and ventilation business in a drive to tap the fast-growing data-centre cooling market. nL4N44E0NJ
     
** Indian fintech firm Paytm PAYT.NS said on Monday that Netherlands-based Resilient Asset Management, fully owned by its founder and CEO Vijay Shekhar Sharma, has proposed to sell up to a 4.98% stake in the company. nL4N44E11Y

(Compiled by Sahil Pandey and Rajarshi Roy in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com))