Deals of the day-Mergers and acquisitions

Manulife Financial

24/09/2025 11:01

September 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** Manulife Financial Corp's  wealth and asset management arm said on Wednesday it has signed an agreement to buy UK asset manager Schroders'  business in Indonesia.

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** Angola’s state diamond company Endiama has offered to buy a minority stake in Anglo American's  diamond unit De Beers, the African country's Ministry of Mineral Resources, Petroleum and Gas said .

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** Brazilian infrastructure and energy firm Azevedo & Travassos  said on Tuesday that Nemesis Brasil Participacoes has signed a share purchase agreement to acquire a 40.15% stake from the company's main shareholder Camaçari FIP.

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** The McGowan Companies has acquired Limit Insurance, an insurtech digital wholesaler whose investors include IA Capital Group and American Family Ventures, among others.

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** Singapore-based Seatrium Limited  said on Tuesday it has a deal to sell its "surplus" AmFELS Yard shipbuilding facility in Texas for $50.67 million to an affiliate of Karpowership.

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 (Compiled by Rajarshi Roy in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))