Deals of the day-Mergers and acquisitions

Compass

22/07/2025 10:40

July 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Ibex Investment Holdings Ltd., formerly known as Steinhoff International, sold its entire 28% stake in South Africa's clothing retailer Pepkor  for $1.5 billion via an accelerated book-building process.

nL1N3TJ07E

** Food catering firm Compass  has agreed to buy European premium food services business Vermaat Groep for about 1.5 billion euros ($1.75 billion) including debt, it said, marking its largest-ever deal.

nL4N3TJ0D0

** French pharmaceuticals company Sanofi  said it would acquire British private biotechnology firm Vicebio for a total of $1.15 billion, expanding its respiratory vaccine portfolio.

nL1N3TJ03W

** IQ-EQ, a global investor services company backed by European private equity firm Astorg, said it is acquiring Singapore-based Gordian Capital - a deal it said would make it the leading funds platform business in Asia Pacific.

nL1N3TJ01V

** Australia's Insignia Financial Ltd  said it has agreed to an all-cash takeover offer from investment manager CC Capital, valuing the wealth management firm's equity at A$3.3 billion ($2.15 billion).

nL4N3TI1KV

** "South Park," the animated comedy featuring foul-mouthed children, has reached a $1.5 billion streaming deal with Paramount PARA.O, the LA Times reported on Monday.
 nL4N3TJ07I

 (Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))