Deals of the day-Mergers and acquisitions

Fluor

21/10/2025 10:58

Oct 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Swiss-based bottler Coca-Cola HBC CCH.L has agreed to buy a 75% stake in its African counterpart for a total of $2.6 billion, the firm said, creating the world's second-largest Coca-Cola KO.N bottling partner by volume.

nL6N3W20C3

** KKR and Portuguese private equity firm Quadrantis Capital have agreed to acquire minority stakes in Hong Kong-based Peak Reinsurance, the companies said.

nL6N3W20BD

** Activist investor Starboard Value has taken a nearly 5% stake in construction firm Fluor FLR.N and plans to push for ways to boost the company's shares, two sources familiar with the matter told Reuters on Monday.

nL4N3W10YV

** Dye & Durham's  second-largest shareholder Plantro withdrew its proposal to acquire the Canadian legal software maker and may reduce or exit its holdings, citing deteriorating financial results and a lack of board engagement.

nL4N3W10WI

 (Compiled by Sahil Pandey and Rajarshi Roy in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))