Deals of the day-Mergers and acquisitions

IDBI Bank

14/07/2026 20:52

(Adds ARC Resources, Delivery Hero, Bank of America,  DCC,
Fairfax Financial, Perpetuals.com)
    July 14 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1945 GMT on Tuesday:
     
** ARC Resources  ARX.TO  said on Tuesday its shareholders have
voted in favor of being acquired by Shell   SHEL.L , clearing
another step for one of this year's biggest energy sector deals.
 urn:newsml:reuters.com:*:nL4N43G235
     
** Delivery Hero  DHER.DE  said on Tuesday it was in advanced
negotiations with Uber Technologies  UBER.N  regarding a
potential takeover offer, confirming earlier media reports that
the U.S. ride-hailing and food-delivery company is pursuing the
German group.
 urn:newsml:reuters.com:*:nL6N43G10P
     
** Bank of America  BAC.N  exceeded Wall Street estimates for
second-quarter profit on Tuesday, as global market chaos fueled
record trading, while a corporate dealmaking surge spurred
investment banking.
 urn:newsml:reuters.com:*:nL4N43G10C
     
**  Irish energy distributor DCC  DCC.L  is close to accepting a
£5.7 billion ($7.64 billion) takeover proposal from a consortium
of KKR  KKR.N  and Energy Capital Partners despite shareholder
pushback, Bloomberg News reported on Tuesday, citing people
familiar with the matter.
 urn:newsml:reuters.com:*:nL6N43G0XV
     
** India has received revised bids from Canada's Fairfax
Financial  FFH.TO  and Dubai's Emirates NBD   ENBD.DU  for the
sale of its majority stake in IDBI Bank   IDBI.NS , two sources
said, reviving a transaction stalled earlier this year over
valuation expectations.
 urn:newsml:reuters.com:*:nL4N43G0EF
     
** Perpetuals.com  PDC.O , a global fintech company, has
discontinued discussions to potentially acquire part of a
business closely affiliated with World Liberty Financial, the
crypto venture backed by the Trump family, according to a press
release issued by Perpetuals on Tuesday.
 urn:newsml:reuters.com:*:nL6N43G0W0
     
    ** Mission has strengthened its Latin America platform with
the acquisition of Miami-based financial lines facultative
reinsurance MGU Capital Bay Underwriting from Ryan Specialty.
     urn:newsml:reuters.com:*:nL6N43G03A
     
** Thomson Reuters  TRI.TO  said it would sell a 51% stake in
its Global Print business to KKR for about $500 million and form
a venture with the private equity firm that would hold exclusive
license to distribute its content in print and digital books.
     urn:newsml:reuters.com:*:nL4N43G133
     
    ** KKR has joined Amwins Group and Dragoneer Investment
Group in the consortium bidding to acquire Steadfast, the
Australian broker said on Tuesday.
     urn:newsml:reuters.com:*:nL6N43G0CR
     
** Genesis Minerals  GMD.AX  has agreed to acquire smaller peer
Vault Minerals  VAU.AX  in a deal that would create Australia's
third-largest gold producer with a market capitalisation of
around A$12.6 billion ($8.71 billion).
     urn:newsml:reuters.com:*:nL4N43F1SOt

(Compiled by Rajarshi Roy,  Dharna Bafna and Sanskriti Shekhar
in Bengaluru)
((Rajarshi.Roy@thomsonreuters.com))