Deals of the day-Mergers and acquisitions

EFG International AG

19/08/2026 11:01

August 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:
     
** Switzerland's EFG International EFGN.S is selling its British wealth management service Harris Allday to rival Canaccord Wealth, the company said.nL8N44G0GG
     
** Pinewood Technologies​ PINE.L has agreed to U.S. private equity firm Ridgeview's £545 million ($738.86 million) takeover offer, the British company said, adding to a string of take-private deals for UK-listed firms.nL4N44G0MH
     
** South Africa's Absa Group ABGJ.J said it had acquired about 3.5% of its Kenya unit through a tender offer, lifting its stake to roughly 72%.nL8N44G0FJ
     
** Munich Re has agreed to acquire U.S. cyber insurtech At-Bay in a deal valuing the business at $575 million, confirming a transaction first reported by The Insurer on Tuesday.nL6N44G0FA
** Global investment firm KKR KKR.N will buy a stake of about 6% in Indian ticketing and entertainment platform BookMyShow for $40 million to $50 million, a source told Reuters, as demand for live events soars in the world's most populous nation.nL4N44G0F9
     
** KKR & Co KKR.N has emerged as the preferred bidder to buy a minority stake in Avisena Healthcare in a deal that could value the Malaysian healthcare firm at about 1.5 billion ringgit ($370 million), two people with direct knowledge of the matter said.nL4N44F0TJ
     

 (Compiled by Sahil Pandey and Rajarshi Roy in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))