Deals of the day-Mergers and acquisitions
20/02/2025 10:55
Feb 20 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Thursday:
** Hong Kong-listed Autohome 2518.HK said its controlling
shareholder Yun Chen Capital Cayman has agreed to sell its
41.91% stake in the company to a unit of Haier Group Corp for
$1.8 billion.
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** U.S. online real estate firm CoStar CSGP.O is preparing a
A$2.7 billion ($1.72 billion) bid for Australian property
classifieds firm Domain Holdings DHG.AX , said a person with
direct knowledge of the matter.
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** Japan's Fuji Soft 9749.T said that KKR KKR.N now owns
nearly 58% of the company after the second stage of a tender
offer, ending a fierce battle with rival Bain Capital to take
the software developer private.
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** Saudi Arabia's Aramco 2222.SE has signed an agreement to
acquire a 25% equity stake in Unioil Petroleum Philippines, the
company said in a statement late on Wednesday.
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(Compiled by Rajarshi Roy in Bengaluru)
((mailto:Rajarshi.Roy@thomsonreuters.com;))