Deals of the day-Mergers and acquisitions

Capital Power

15/04/2025 21:01

Adds KKR

April 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Tuesday:

** Private equity firm KKR KKR.N is close to acquiring Frankfurt-listed IT services provider Datagroup D6HG.DE, people familiar with the matter told Reuters. [nL4N3QT1HH]

** British banknote printer De La Rue  backed a $347 million takeover bid by U.S. buyout firm Atlas Holdings, offering a 16% premium over Monday's closing price, and snubbed a higher, preliminary offer from financier Edi Truell. nL6N3QT0BC

** British consumer healthcare group Haleon  said it gained full control of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang's <600329.SS> 12% stake for about 1.62 billion yuan ($221.4 million). nL4N3QT0R5

** Applied Materials AMAT.O has bought a 9% stake in BE Semiconductor industries (BESI) BESI.AS, the U.S.-based computer chip equipment supplier said on Monday. nL8N3QT06N

** U.S. chipmaker Onsemi ON.O scrapped its $6.9 billion offer for smaller rival Allegro MicroSystems ALGM.O on Monday, ending a months-long pursuit that sought to capitalize on a market downturn to boost its footprint in the automotive industry. nL4N3QS1JU

** Canadian power producer Capital Power Corp CPX.TO said on Monday it would buy two natural gas-fired power plant operators located in the PJM market for about $2.2 billion. nL4N3QS1K6

** U.S. home improvement retailer Lowe's Cos LOW.N said on Monday it has agreed to buy Artisan Design Group for $1.33 billion from private equity firm Sterling Group. nL4N3QS1II

 (Compiled by Rajarshi Roy and Katha Kalia in Bengaluru)

 ((Katha.Kalia@thomsonreuters.com))