Deals of the day-Mergers and acquisitions
08/01/2025 11:14
Jan 8 (Reuters) - The following bids, mergers,
acquisitions, and disposals were reported by 1030 GMT on
Wednesday:
** Italy's Banca Ifis IF.MI said it was launching a 298
million euro ($309 million) cash and shares exchange offer to
take over rival specialty lender illimity ILTY.MI .
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** Roche ROG.S said it planned to complete its purchase of
U.S. biopharmaceutical company Poseida Therapeutics PSTX.O , a
specialist in complex immune cell therapies to treat several
types of blood cancer.
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** Goodyear Tire & Rubber Co GT.O said on Tuesday that it
will sell its Dunlop brand to Japan's Sumitomo Rubber Industries
5110.T for $701 million in cash as part of a plan to
streamline its business.
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(Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)
((ateev.bhandari@thomsonreuters.com))