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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds Nvidia, LSEG, Kimberly-Clark, De Beers, Parken, Novacore, Agilent and Humana; Updates TAP, Character.AI, Bumble

- The following bids, mergers, acquisitions and disposals were reported by 1630 GMT on Tuesday:

** U.S. chip maker Nvidia NVDA.O has agreed to buy a minority stake in French health care platform Doctolib, the French company said on Tuesday. nB5N45G004

** The London Stock Exchange Group LSEG.L confirmed on Tuesday it is in talks with private equity firm Permira to acquire financial data group Octus for about $3.5 billion. nL6N45Z0UW


** Bumble BMBL.O is set to go private in a $1.3 billion deal with Ithaca Holdings after struggling for years to revive growth, as a prolonged decline in users and shifting Gen Z dating habits batter the online dating industry. nL4N45Z17G


** The European Commission has approved Kimberly-Clark's KMB.O $40 billion acquisition of Tylenol maker Kenvue KVUE.N after the maker of Kleenex tissues and Huggies diapers offered concessions to address EU antitrust concerns. nL8N45Z1QC

** The preferred bidder for diamond producer De Beers, the Global Diamond Consortium, is nearing an agreement with Botswana that could increase the government's stake to about 25%, Bloomberg News reported on Tuesday, citing people familiar with the matter. nL1N45Z0N6


** Parken Sport & Entertainment PARKEN.CO said it would explore a full or partial sale of FC Copenhagen as part of a review of strategic options for its football operations. nL8N45Z1H9

** Novacore said on Tuesday it had entered into a definitive agreement to acquire Diesel Insurance Solutions, giving the New Mountain Capital-backed platform a dedicated cross-border trucking and cargo capability. nL6N45Z08H

** Agilent Technologies A.N said on Tuesday it would acquire pathology software maker Proscia for $240 million in cash, plus up to $30 million tied to future performance targets, as the laboratory equipment maker expands its push into AI-enabled diagnostics. nL4N45Z0YJ


** Health insurer Humana HUM.N said on Tuesday that investment manager BlackRock would replace private equity firm WCAS as its partner in a venture that owns nearly 150 senior primary care clinics in a deal valued at about $2.8 billion.

nL4N45Z0UK


** Portugal will pick "very soon" the winning bidder for a 44.9% stake in flag carrier TAP from rivals Air France-KLM AIRF.PA and Lufthansa LHAG.DE, Secretary of State for Infrastructure Hugo Espirito Santo said on Tuesday. nL6N45Z0MB

**Chatbot platform Character.AI said on Monday it has filed for bankruptcy in the US and has agreed to sell some assets for $20 million to Walt Disney DIS.N. nL6N45Z0AN

** Japanese manufacturer Omron 6645.T will buy US industrial PC firm Onlogic and its parent company, Interlogic, for $675 million, the company said. nL6N45Z019



(Compiled by Shania S Thomas in Bengaluru)

((shanias.thomas@thomsonreuters.com))

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