Deals of the day-Mergers and acquisitions

MAC Copper

27/05/2025 11:32

May 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:

** Harmony Gold , South Africa's top gold producer by volume, has agreed to buy Australian miner Mac Copper Ltd  in a deal worth $1.03 billion as it steps up a diversification into copper.

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** Malaysia-headquartered private equity firm Navis Capital Partners has sold its controlling stake in Vietnamese seafood producer and processor, Godaco Seafood, in a management buyout, it said in a statement.

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** Gallagher Re has acquired Beijing-based Nongxin Insurance Brokerage Company, the reinsurance broker announced on Monday.

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** The co-founder of Indian airline IndiGo , Rakesh Gangwal, sold a 5.7% stake in the low-cost carrier through a block deal worth about $1.36 billion, a term sheet showed.

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** Australian software company WiseTech Global  on Monday announced its biggest deal to date, buying out U.S. cloud computing firm E2open  for $2.1 billion to broaden its product offerings.

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 (Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)

 ((Prakhar.srivastava2@thomsonreuters.com))