Deals of the day-Mergers and acquisitions

Nine Entertainment Holdings

21/03/2025 13:35

Adds: Vienna Insurance Group,  BMS Group  Updates: BP

March 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

** Vienna Insurance Group has acquired a stake in Phinance, one of Poland’s largest financial brokers, in a deal designed to grow the insurer’s presence in the Polish market.

nL6N3Q40CR

** BP
BP.L
 has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Turkey for $1 billion to Apollo Global Management
APO.N
, the two firms said.

nL4N3Q40KL

** BMS Group has completed the previously announced acquisition of Spanish broker Rasher and its subsidiaries in Colombia and Peru, having obtained all necessary regulatory approvals.

nL6N3Q40C5

** Australian property listings group Domain's DHG.AX largest shareholder, Nine Entertainment NEC.AX, confirmed it is in talks to sell its 60% stake as part of a A$2.65 billion ($1.7 billion) takeover from U.S. firm CoStar CSGP.O. nL4N3Q31O5

** Howden has continued its build-out in Scotland with the acquisition of a book of business from Edinburgh-based SKB Independent Insurance Brokers Limited. nL6N3Q40BX

 (Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru)

 ((Ateev.Bhandari@thomsonreuters.com))