Corrected: Deals of the day-Mergers and acquisitions

Kolte-Patil Developers

13/03/2025 13:45

Corrects time in paragraph 1 to 1330 GMT, not 0930 GMT

March 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

** Mallinckrodt  and Endo , drugmakers with a shared history of bankruptcy and U.S. opioid litigation, will merge in a deal valued at nearly $7 billion to boost scale for selling their branded drugs.

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** U.S. investment firm Blackstone  will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers  in a deal worth 11.67 billion rupees ($134 million), the latter said .

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** Spanish construction giant Ferrovial  agreed to buy a 5.06% stake in motorway 407 ETR in Canada for C$2.09 billion ($1.45 billion) from Canadian rival AtkinsRealis .

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** The pan-European exchange group Euronext  agreed to acquire Admincontrol from Norwegian IT consulting firm Visma for 4.65 billion Norwegian crowns ($436.03 million), the company said.

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** Spanish telecom company Telefonica  agreed to sell its stake in its Colombian unit to Millicom  for $400 million, as part of a strategy to gradually reduce its exposure to Latin America, it said on Wednesday.

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 (Compiled by Rajarshi Roy and Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com))