Deals of the day-Mergers and acquisitions

Global Payments

17/04/2025 21:11

Adds Glencore; updates Global Payments and Monte dei Paschi di Siena

April 17 (Reuters) -  The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Thursday:

** Global commodity traders including Glencore GLEN.L and Gunvor are looking at the possibility to buy oil refiner Italiana Petroli (IP) API group, two sources said, adding that binding bids for the company are due by the end of May. [nL8N3QV0I5]

** Global Payments GPN.N has agreed to buy rival Worldpay from FIS FIS.N and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded payments market. nL4N3QV0Y5

** Monte dei Paschi di Siena BMPS.MI expects to launch its 12.5 billion euro ($14 billion) takeover offer for Mediobanca MDBI.MI in the summer, after securing shareholder approval on  for the hostile bid. nL8N3QV0GB

** Swiss industrial group ABB ABBN.S on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's Hitachi 6501.T in 2018. nL8N3QV037

** BNP Paribas BNPP.PA embarked on a 5.1 billion euro ($5.8 billion) purchase of an asset management business last year expecting regulators would let it through with minimal impact on the bank's capital, people familiar with the matter said, a model some peers were keen to replicate. nL8N3QS14W

** UK's Wood Group WG.L said it has extended the deadline for a takeover offer by Dubai-based Sidara to May 15 from April 17. nL4N3QV0R2

** Abu Dhabi sovereign wealth fund Mubadala Investment Company said it would acquire a minority stake in UK-based private school operator Nord Anglia Education for $600 million, joining a consortium led by private equity giant EQT EQTAB.ST. nL1N3QV05L

** Parcel locker company InPost INPST.AS has acquired Yodel, one of Britain's biggest parcel delivery firms, it said, a move that will make the Polish group the third-largest independent logistics player in the UK. nL8N3QV05K

** Barclays BARC.L has agreed terms for Brookfield Asset Management to buy most of its British payments business, the bank said, ending a more than year-long effort to offload the business which processes payments for retailers. nL1N3QV05J

** Two funds managed by British investment manager Foresight Group LLP said on Wednesday they would buy battery storage investment firm Harmony Energy Income Trust HEIT.L in a deal that values the company at about 209.9 million pounds ($277.9 million). nL4N3QU19P

 (Compiled by Rajarshi Roy, Katha Kalia and Priyanka.G in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))