Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: Cover Genius
July 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:
** Cover Genius has acquired Berlin-based Friendsurance, the embedded insurance-focused insurtech announced.
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** Stellantis <STLAM.MI> has agreed to sell its Free2move car-sharing unit to German investment company Mutares <MUXG.DE>, the automaker said, as CEO Antonio Filosa continues efforts to sharpen the group's focus on its core vehicle production.
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** Italian luxury yacht maker Sanlorenzo <SNL.MI> said on Monday it has backed a consortium's offer to acquire the entire business undertaking of peer the Italian Sea Group <TISGR.MI>, which is undergoing insolvency proceedings, and plans to take a minority stake in the bidding vehicle.
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(Compiled by Rajarshi Roy and Pragyan Kalita in Bengaluru)