Deals of the day-Mergers and acquisitions

LVMH Moet Hennessy Louis Vuitton SE

05/08/2026 14:36

Adds: Trucordia, Monte dei Paschi di Siena
Aug 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:
       
** Italy will sell its residual 4.9% stake in Monte dei Paschi di Siena (MPS) BMPS.MI in a way that does not interfere with M&A moves affecting the bailed-out lender, Economy Minister Giancarlo Giorgetti told reporters. nS8N41R0D7
 
** Canadian oil and gas producer Gran Tierra Energy GTE.TO said it had agreed to sell its Colombian and Ecuadorean oil operations to France's Maurel & Prom MAUP.PA for $1.33 billion, including debt. nL6N4420EH
     
** Italian regional lender Credem EMBI.MI is evaluating external growth opportunities, supported by its strong capital position, General Manager Stefano Morellini said on Wednesday, signalling an interest in expansion through acquisitions. nS8N41R0D2
     
** Siemens Energy's ENR1n.DE supervisory board will hold an extraordinary meeting on August 25 to discuss a possible spinoff of a division that caters to industrial firms, a person familiar with the matter said. nL8N4420Z4
     
** Singapore's United Overseas Bank UOBH.SI is selling its asset management business to a unit of Germany's Allianz ALVG.DE for S$555 million ($434 million), as the lender focuses on wealth advice and distribution. nL4N4420EL
     
** Privately held U.S. media conglomerate Hearst on Tuesday struck a deal to acquire Disney's DIS.N 50% stake in A+E Global Media for about $1.2 billion in cash, giving it full ownership of the television and content business. nL6N4411EL
     
** Procter & Gamble PG.N is acquiring supplements maker Thorne for $3.8 billion in cash from LVMH-backed LVMH.PA private equity firm L Catterton, the companies said on Tuesday, as the consumer goods giant deepens its push into health and wellness to capitalize on growing demand for self-care products.
     
** British warehouse landlord Segro SGRO.L has accepted a takeover offer by rival U.S. logistics firm Prologis PLD.N in a deal worth up to £14.3 billion ($19.19 billion), the companies said on Tuesday, following pressure from investors. nL4N4410C0
     
** Italian specialty insurer Revo said on Tuesday it had made a binding offer to acquire 100% of surety-focused intermediary Eurocaution for a maximum consideration of €22 million. nL6N441128

 (Compiled by Rajarshi Roy and Dharna Bafna in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.comx))