Deals of the day-Mergers and acquisitions
15/04/2025 14:43
Adds: Updates: De La Rue, Haleon April 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** British banknote printer De La Rue < DLAR.L > 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 < HLN.L > 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))