Deals of the day - Mergers and acquisitions

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27/06/2025 21:05

Adds: Simon Property Group, Inszone Insurance Updates: Next 15

June 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

** U.S.-based shopping mall owner Simon Property Group SPG.N has acquired the parking and retail segments of Miami's Brickell City Centre for up to $548.7 million from Swire Properties 1972.HK, the Hong Kong-listed company said. nL4N3SU0XP

** Inszone Insurance Services has acquired Huffmaster Insurance, based in Monett, Missouri. nL6N3SU0II

** Embattled consultancy and marketing group Next 15 NFGN.L said it is in early discussions regarding a potential sale of some of its brands, capping a tumultuous week in which it warned about its profit and disclosed issues at a unit. nL4N3SU0SY

** Dutch competition watchdog ACM said it had cleared RTL Group's AUDK.LU sale of its Dutch subsidiary RTL Nederland to Belgium-based DPG Media, under conditions meant to protect the independence of involved news media. nL1N3SU08Y

** Australia's Santos STO.AX said it had granted exclusive due diligence for a period of six weeks to an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which had offered $18.7 billion for the gas producer. nL4N3SU0JH

** Kazakhstan's ForteBank, the fifth-largest lender by assets in the Central Asian country, has bought 100% of Home Credit Bank, part of Czech investment group PPF, the two banks said, without specifying the value of the transaction. nL8N3SU0BQ

** JSW Paints will buy Dutch paint maker Akzo Nobel's  Indian arm for about $1.6 billion, in what will be the country's biggest deal yet in the sector as competition intensifies between established players and new entrants. nL4N3SU0BA

** European broadcaster RTL Group AUDK.LU said it would buy Sky Deutschland, in a deal that combines Sky's sports and streaming offerings with RTL's news and entertainment brands to create a business with 11.5 million paying subscribers. nL1N3ST0PE

** Unilever  is paying $1.5 billion (1.09 billion pounds) to buy men's personal care brand Dr Squatch from private-equity firm Summit Partners, the Financial Times reported, citing sources. nL4N3SU0A1

** Energy and industrial products supplier DNOW  said on Thursday it would buy MRC Global  in an all-stock deal valued at $1.5 billion, including debt. nL4N3ST1II

** Italian merchant bank Mediobanca MDBI.MI said it would return 4.9 billion euros ($5.74 billion) to shareholders, mostly in cash, over three years to 2028 as it seeks to fend off a hostile bid from smaller rival Banca Monte dei Paschi di Siena (MPS) BMPS.MI. nL8N3SU03M

** Alternative asset manager Blackstone BX.N has bought nearly $2 billion worth of commercial real estate loans from regional lender Atlantic Union Bankshares AUB.N, further extending its aggressive push into the CRE sector. nL4N3ST1J3

** Partners at U.S. law firms McDermott Will & Emery and Schulte Roth & Zabel have voted to merge effective Aug. 1, the firms said in a joint statement on Thursday. nL1N3SK104

** AI-focused broker consolidator Equal Parts has acquired Assurely, an Austin-based agency serving startups and emerging companies. nL6N3ST0U8

 (Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com ))