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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds: Hansoh Pharmaceutical and DXC Technology Updates: Silgan Holdings and Merck KGaA

- The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Monday:

** IT services company DXC Technology DXC.N is in advanced talks to sell its insurance software and services division to private investment firm Eldridge Industries for about $2.4 billion, according to people familiar with the matter. nL6N465125

** China's Hansoh Pharmaceutical 3692.HK said it has entered into a partnership and licensing deal with Roche ROPC.S potentially worth more than $15 billion that covers a portfolio of antibody-drug conjugate programs. nL4N4650QG

** German drugmaker Merck KGaA MRCG.DE said it would acquire UK-based Silence Therapeutics SLN.O in an all-cash deal for about $1.3 billion, bolstering its pipeline of precision medicines and adding RNA-targeting drug technology. nL4N4650Y2

** Silgan Holdings SLGN.N and private equity firm American Industrial Partners said they would buy Trivium Packaging in a $3.4 billion deal, as the US consumer goods packaging maker looks to expand its footprint in Europe. nL6N4650QI

** US investment firm KKR KKR.N said it will sell railcar-leasing company Infinity Transportation to peer Ares Management ARES.N for about $2.9 billion. nL4N4650RR

** Australian coal miner New Hope NHC.AX said it would acquire unlisted peer Malabar Resources in a deal valued at about A$2.4 billion ($1.67 billion), giving it full ownership of the Maxwell coal mine in New South Wales. nL4N46405Y

** Australia's FleetPartners FPR.AX said it had entered binding agreement to be bought by Pacific Equity Partners-backed SG Fleet in a deal valuing the vehicle leasing firm at A$1.13 billion ($786.71 million), sending its shares to a record high. nL4N46405G

** Austrian engine and engine parts manufacturer Steyr Motors 4X0.VI said US drone maker Red Cat Holdings RCAT.O plans to acquire the company in a deal valued at about €204.8 million ($230 million). nL8N4650CZ

** French supermarket chain Carrefour CARR.PA has entered into an agreement with Colruyt Group COLR.BR to acquire local food retail company Codifrance for €152 million ($171 million), it said. nFWN4630NF

** German defence group Rheinmetall RHMG.DE and Swiss-based shipping company MSC have acquired Romanian shipyard Mangalia for €138 million ($155 million) and aim to develop it for both civilian and military shipbuilding, Rheinmetall said. nL8N4650DA


(Compiled by Rajarshi Roy and Miraanta Lowrance in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com))

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