Deals of the day-Mergers and acquisitions

Formula One

08/04/2025 20:22

Adds Liberty Media and Boaz Weinstein

April 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1920 GMT on Tuesday:

** Liberty Media FWONA.O, which owns Formula One, is set to secure unconditional EU antitrust approval for its 3.5-billion-euro ($3.8 billion) acquisition of MotoGP owner Dorna Sports, people with direct knowledge of the matter said. nL2N3QM0IQ

** U.S. activist investor Boaz Weinstein's Saba Capital has sold its nearly 30% stake in British investment trust Keystone Positive Change (KPC) KPCAa.L, a regulatory filing showed. nL3N3QM0SJ

** Ripple said it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, one of the largest acquisitions by the crypto company. nL3N3QM0WM

** German chipmaker Infineon Technologies IFXGn.DE said on Monday it would buy Marvell Technology's MRVL.O automotive ethernet business for about $2.5 billion in cash, to expand its microcontroller segment. nL3N3QL1NP

 (Compiled by Rajarshi Roy and Siddhi Mahatole in Bengaluru)

 ((siddhi.mahatole@thomsonreuters.com))