Deals of the day-Mergers and acquisitions

Dayforce

12/11/2025 21:35

Adds Dayforce, GoTo

Nov 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2130 GMT on Wednesday:

** Dayforce DAY.N said that it has received an overwhelmingly positive stockholder vote for a proposed $12.3 billion buyout of the HR software provider by Thoma Bravo, a month after its largest shareholder said it would vote against the deal.

nL4N3WO1D7

** The Indonesian government fully backs a possible merger between ride-hailing and food delivery firm GoTo GOTO.JK and Singapore-based rival Grab after initially opposing a deal, two sources with knowledge of the matter said.

nL4N3WO0LZ

** Clearlake Capital Group said it will buy investment manager Pathway Capital Management, as the buyout firm looks to expand its presence in the red-hot private markets segment.

nL4N3WO0ZQ

** Italy's UniCredit  has given up on plans to acquire smaller rival bank Banco BPM , Chief Executive Andrea Orcel said on Wednesday.

nS8N3EV01M

** The German government is considering acquiring a 25.1% minority stake in electricity grid operator TenneT's German unit, an economy ministry spokesperson said on Wednesday, for which it plans to allocate several billion euros in the 2026 budget.

nL8N3WO0QK

** Dutch bank ABN Amro  said that it had acquired domestic commercial lender NIBC Bank from private equity firm Blackstone, strengthening its position in its home market.

nL8N3WO05R

** Private equity firm Permira is in advanced talks with China's HongShan Capital Group (HSG) to sell Italian luxury sneaker maker Golden Goose at a valuation of over 2.5 billion euros ($3 billion), two sources close to the matter said, confirming Italian newspapers' reports.

nL8N3WO16T

** LVMH's  watch division has taken a minority stake in La Joux-Perret, the French group said, deepening cooperation with the high-end Swiss watch movement and component manufacturer.

nL8N3WO080

** Australia's Mineral Resources  said it would sell a 30% stake in part of its lithium business to South Korea's POSCO <005490.KS> for $765 million to reduce debt, sending its shares to a more than one-year high.

nL4N3WN1EW

** Toto Wolff is in advanced talks to sell part of his stake in Mercedes F1 to CrowdStrike CEO George Kurtz in a deal that would value the Formula One team at a record $6 billion, the Financial Times reported on Tuesday.

nL1N3WN11J

 (Compiled by Rajarshi Roy and Parth Chandna in Bengaluru)

 ((Parth.Chandna@thomsonreuters.com))