Deals of the day-Mergers and acquisitions

Kenvue

19/08/2026 20:48

Adds: Marco Capital,  Stripe, Essity Updates:
August 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday:
     
** Swedish hygiene products maker Essity ESSITYa.ST said it would acquire Kenvue's KVUE.N feminine care business in Brazil for $284 million on a cash and debt-free basis. nL1N44G0SC
 
** Payments firm Stripe said it has agreed to buy OpenRouter, which helps businesses route and optimize AI token usage, at an undisclosed value. nL4N44G1HC
 
** Marco Capital has entered into an agreement to acquire Pro Global, the company announced, in a move that would see the P&C legacy consolidator create "one of the industry's largest" specialist insurance services business.nL6N44G0XX
 
** Marvell Technology MRVL.O said it has issued Alphabet's Google GOOGL.O a warrant to buy a stake worth about $12.18 billion as part of a deal to help develop custom chips for the search giant. nL6N44G0R4
     
** Spanish agri-food cooperative Dcoop has offered €470 million ($545 million) to buy a 57% stake in Madrid-listed olive oil producer and marketer Deoleo OLEO.MC, El Economista newspaper reported, sending Deoleo shares up 17%. nL8N44G0FT
     
** Switzerland's EFG International EFGN.S is selling its British wealth management service Harris Allday to rival Canaccord Wealth, the company said. nL8N44G0GG
     
** Pinewood Technologies​ PINE.L has agreed to U.S. private equity firm Ridgeview's £545 million ($738.86 million) takeover offer, the British company said, adding to a string of take-private deals for UK-listed firms. nL4N44G0MH
     
** South Africa's Absa Group ABGJ.J said it had acquired about 3.5% of its Kenya unit through a tender offer, lifting its stake to roughly 72%. nL8N44G0FJ
     
** Munich Re has agreed to acquire U.S. cyber insurtech At-Bay in a deal valuing the business at $575 million, confirming a transaction first reported by The Insurer on Tuesday. nL6N44G0FA
     
** Global investment firm KKR KKR.N will buy a stake of about 6% in Indian ticketing and entertainment platform BookMyShow for $40 million to $50 million, a source told Reuters, as demand for live events soars in the world's most populous nation. nL4N44G0F9
     
** KKR & Co KKR.N has emerged as the preferred bidder to buy a minority stake in Avisena Healthcare in a deal that could value the Malaysian healthcare firm at about 1.5 billion ringgit ($370 million), two people with direct knowledge of the matter said. nL4N44F0TJ
     

 (Compiled by Anzar Mehraj, Sahil Pandey and Rajarshi Roy in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))