Deals of the day-Mergers and acquisitions
20/03/2025 13:40
Adds: Niox Group, Kraken; Updates: Beacon Roofing Supply March 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** British medical device maker Niox Group NIOX.L said buyout firm Keensight Capital had sweetened its proposal to buy the company to 81 pence per share, or 322.4 million pounds ($417.48 million). nL4N3Q30YS ** Kraken said it would buy retail futures trading platform NinjaTrader for $1.5 billion, in a deal that would allow one of the world's largest cryptocurrency exchanges to expand into multiple asset classes and grow its user base. nL4N3Q30S2 ** Beacon Roofing Supply BECN.O has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO QXO.N , weeks after it rejected an earlier proposal and strived to avoid a hostile takeover attempt. nL4N3Q302R ** French banking group Credit Mutuel Alliance Federale is buying German lender Oldenburgische Landesbank (OLB), a surprise move after the northern German bank for years considered a listing on the stock exchange. nL8N3Q305W ** Targo Deutschland, the German subsidiary of France's Crédit Mutuel Alliance Fédérale, will buy the German lender Oldenburgische Landesbank (OLB), the two companies said . nL8N3Q305H ** Japanese technology investor SoftBank Group 9984.T is accelerating its move into chip technology companies with the $6.5 billion purchase of Ampere Computing, a U.S. chip startup founded by the former president of Intel. nL6N3Q20V4 ** Nvidia NVDA.O CEO Jensen Huang said on Wednesday that his company had not been approached about purchasing a stake in Intel INTC.O. nL4N3Q21GT ** The Doctors Company said on Wednesday it had agreed to buy ProAssurance for $25 per share in cash, valuing the New York-listed medical liability insurer at $1.3 billion. nL6N3Q20SC (Compiled by Rajarshi Roy and Ateev Bhandari in Bengaluru) ((Ateev.Bhandari@thomsonreuters.com;))