Deals of the day-Mergers and acquisitions

Carrefour SA

12/02/2026 14:38

Adds: Telegraph Media, Thyssenkrupp; Updates: Schroders

Feb 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Thursday:

** Britain's Schroders SDR.L is being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.5 billion), in the largest-ever acquisition of a European fund manager that spells the end of independence for the 222-year old London firm.

nL1N3Z80BE

** Britain's culture minister Lisa Nandy said on Thursday she had decided to intervene in the proposed acquisition of the Telegraph Media Group by the owner of the Daily Mail, DMGT on public interest and competition grounds. nL8N3Z817Y

** Planned EU measures to protect the bloc's beaten steel sector have boosted investor sentiment and strengthened Thyssenkrupp's TKAG.DE position in talks to sell its steel division to India's Jindal Steel International, its CEO said on Thursday. nL1N3Z8073

** Private equity firm Platinum has agreed to sell Spanish waste management company Urbaser to Blackstone BX.N and EQT EQTAB.ST for $6.6 billion, the company said. nL6N3Z80FS

** Shell is reviewing strategic options to unlock long-term value for its Sprng renewables unit, the company said on Thursday. nL6N3Z80Q3

** Europe's largest food retailer Carrefour CARR.PA announced the sale of its Romanian unit to Paval Holding for 823 million euros ($976 million). nL8N3Z80E7

** A Toyota Motor 7203.T tender offer for Toyota Industries 6201.T has been extended until March 2 after it appeared to fall short of the necessary shareholder votes in the face of staunch opposition from activist shareholder Elliott Investment. nL1N3Z806C

** German exchange operator Deutsche Boerse DB1Gn.DE said on Wednesday it will buy General Atlantic's remaining 20% stake in data, analytics, and index provider ISS STOXX for 1.1 billion euros ($1.31 billion). nL4N3Z72F7

 (Compiled by Rajarshi Roy and Megavarshini G. Somasundaram in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))