Deals of the day-Mergers and acquisitions

HKBN

09/04/2025 14:33

Adds: China Mobile Updates

April 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

** China Mobile
600941.SS
 said it will buy a 15.5% stake in Hong Kong-based broadband service provider HKBN
1310.HK
 for HK$1.20 billion ($154.64 million) through its regional unit.nL3N3QN14Q

** British medical property owner REIT Assura  has agreed to a 1.61 billion pound ($2.06 billion) takeover bid from KKR  and Stonepeak Partners, after rejecting a lower cash-and-stock proposal from peer Primary Health Properties . nL3N3QN0M7

 (Compiled by Rajarshi Roy and Siddhi Mahatole in Bengaluru)

 ((siddhi.mahatole@thomsonreuters.com))