Deals of the day-Mergers and acquisitions
08/01/2025 20:52
(Adds Warburg Pincus, Constellation Energy, IMPSA, and GSK)
Jan 8 (Reuters) - The following bids, mergers,
acquisitions, and disposals were reported by 2045 GMT on
Wednesday:
** Private equity firm Warburg Pincus is weighing options,
including a sale, for Modernizing Medicine (ModMed) that could
value the medical software provider at more than $5 billion,
including debt, according to people familiar with the matter.
urn:newsml:reuters.com:*:nL4N3O418M
** Constellation Energy CEG.O is nearing a roughly $30
billion deal to acquire power producer Calpine that could be
announced as early as Monday, according to people familiar with
the matter. urn:newsml:reuters.com:*:nL4N3O417K
** Argentina's government has privatized metallurgical firm
IMPSA, the economy ministry said, marking its first
privatization since libertarian President Javier Milei took
power just over a year ago promising to shrink the state.
urn:newsml:reuters.com:*:nL1N3O40QP
** British drugmaker GSK GSK.L is nearing a $1 billion
deal to acquire privately-held biotech IDRx that is developing a
treatment for rare type of tumor, the Financial Times reported
citing people close to the discussions. urn:newsml:reuters.com:*:nL4N3O410D
** Two potential buyers for Glencore's GLEN.L stake in
mothballed New Caledonian nickel producer Koniambo Nickel SAS
(KNS) have submitted offers following site visits late last
year, KNS said. urn:newsml:reuters.com:*:nL8N3O40L7
** Italy's Banca Ifis IF.MI made a 298 million euro ($309
million) surprise offer in shares and cash for rival specialty
lender illimity ILTY.MI , to bulk up in a competitive market.
urn:newsml:reuters.com:*:nL8N3O404L
** Lufthansa LHAG.DE is set to acquire a stake in Italian
state-owned airline ITA on Jan. 13, a source familiar with the
situation told Reuters, bringing to a close years of talks.
urn:newsml:reuters.com:*:nL8N3O40RS
** 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. urn:newsml:reuters.com:*:nL8N3O405X
** 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. urn:newsml:reuters.com:*:nL4N3O404D
(Compiled by Rajarshi Roy, Vallari Srivastava and Ateev
Bhandari in Bengaluru)
((ateev.bhandari@thomsonreuters.com))