Deals of the day-Mergers and acquisitions

International Paper

15/10/2026 21:35

    (Adds: Nvidia, UniCredit, Custom Ink, Big Yellow Group,
EssilorLuxottica and Proofpoint; Updates: Cohere and
International Paper)
       Oct 15 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 2030 GMT on
Thursday:
 
    ** Cybersecurity company Proofpoint, owned by private equity
firm Thoma Bravo, will buy data security firm Varonis Systemsin
all-cash deal valued at about $6.3 billion, the companies said.
 urn:newsml:reuters.com:*:nL4N461233
 
** Delfin, the holding company of Italy's Del Vecchio family and
top shareholder in EssilorLuxottica  ESLX.PA , has held
preliminary talks with banks to explore financing options for a
possible purchase of stakes in Delfin held by one or more
shareholders, two people close to the matter said.  urn:newsml:reuters.com:*:nL8N4611CX
 
** Activist investor Irenic Capital Management has built a stake
of about 4% in UK self-storage company Big Yellow Group  BYG.L 
and is pushing it to explore a sale, the Financial Times
reported, citing people familiar with the matter.  urn:newsml:reuters.com:*:nL4N46119Z
 
** Custom Ink is exploring a sale that could value the
custom-design apparel and accessories company at close to $1.5
billion, according to people familiar with the matter.
 urn:newsml:reuters.com:*:nL6N461176
    
    ** UniCredit  CRDI.MI , Italy's second-largest bank, said
that the European Central Bank had authorised it to take control
of Commerzbank  CBKG.DE , after a hostile takeover offer
completed in July lifted its stake in the German rival to 48%.
 urn:newsml:reuters.com:*:nL8N45Y13Q
    
    **  Germany plans a wide-ranging cooperation agreement with
US chip maker Nvidia  NVDA.O  to boost the take-up of artificial
intelligence in German industry, business daily Handelsblatt
said, citing people familiar with the issue.  urn:newsml:reuters.com:*:nL1N4610UA
    
    ** Lufthansa  LHAG.DE  is in talks to take full control of
Portugal's flag carrier TAP, as the Portuguese government seeks
opposition support for the sale of the state's remaining 50.1%
stake for €1.351 billion ($1.52 billion).  urn:newsml:reuters.com:*:nL1N4610EK
    
    ** CCC Intelligent Solutions  CCC.O  said it agreed to be
acquired by a consortium led by private investment firms GTCR
and including Elliott Investment Management in a $6.1 billion
take-private deal.  urn:newsml:reuters.com:*:nL4N46119D
    
    ** International Paper  IP.N  said it was in talks with
potential bidders for its Europe, Middle East and Africa
packaging business after unsolicited approaches, opening up an
alternative to its planned spinoff of the unit. urn:newsml:reuters.com:*:nL6N4610YH
 
    ** Laboratory operator Labcorp  LH.N  said it will buy some
assets from Opko Health's  OPK.O  subsidiary in a $722 million
cash deal, with a potential additional payment of up to $150
million tied to revenue from a prostate cancer test.
 urn:newsml:reuters.com:*:nL4N46116D
    
    ** Cartier-owner Richemont  CFR.S  is in talks to join a
consortium bidding for De Beers, the diamond miner being sold by
Anglo American  AAL.L  and valued at about $1 billion, a person
familiar with the matter said.  urn:newsml:reuters.com:*:nL6N4610NV
     
    ** Canadian AI lab Cohere said it had signed a letter of
intent to buy Aisle, a San Francisco-based cybersecurity startup
that uses AI to detect vulnerabilities in software.  urn:newsml:reuters.com:*:nL6N46115Z
     
    ** EasyJet  EZJ.L  faces opposition from unions over its
£5.7 billion ($7.5 billion) takeover by Apollo  APO.N , though
the airline says it remains on track to complete the deal before
the end of the first quarter of next year.  urn:newsml:reuters.com:*:nL6N4610G6
    
    ** EQT  EQTAB.ST  has agreed to buy US real estate
investment manager Stockbridge for an initial consideration of
$375 million, the Swedish private equity firm said.  urn:newsml:reuters.com:*:nL4N4610D3

    (Compiled by Shania S Thomas and Jaspreet Singh in
Bengaluru)
 ((shanias.thomas@thomsonreuters.com))