Deals of the day-Mergers and acquisitions
05/11/2025 17:06
Adds: Grupo Aeroportuario del Sureste Nov 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: ** Mexico's Grupo Aeroportuario del Sureste (Asur)has emerged as the leading bidder to buy Motiva's airport portfolio, two sources with knowledge of the talks told Reuters. nL6N3WG0JA ** Arthur J Gallagher has acquired Colorado-based Surescape Insurance Services to enhance its existing insurance brokerage and bonding capabilities in the construction industry, the broker announced on Tuesday. nL6N3WH0D8 ** France's CEVA Logistics has completed its acquisition of Turkish logistics provider Borusan Tedarik from Borusan Yatirim for $383 million, the Turkish conglomerate said in a stock market filing. nL8N3WH0TG ** The Woodlands Financial Group (TWFG) has acquired Alabama Insurance Agency and its 20 affiliated locations across the state, the Texas-based insurance intermediary said on Tuesday. nL6N3WH0IB ** E. Sun Financial <2884.TW>, Taiwan's eighth-largest financial holding firm by assets, said it will acquire life insurance company Mercuries Life <2467.TW> in an all-share deal. nP8N3V202T ** British retailer Marks & Spencer has not discussed buying the 50% of the Ocado Retail business it does not own, with the chief executive saying that such a deal was not currently in his plans. nS8N3UX03G ** Ovintiv said it would buy the rest of NuVista Energy in a cash-and-stock deal valued at $2.7 billion, including debt, strengthening the shale producer's presence in Canada's Montney basin. nL4N3WG2CJ ** Sonida Senior Living is in advanced talks to acquire CNL Healthcare Properties in a deal valued at $1.8 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. nL4N3WG28P ** Apollo Global has withdrawn its offer to take pizza chain Papa John's private at $64 a share, according to two people familiar with the deal, as Wall Street waits to see what is expected to be a tough earnings report on Thursday. nL6N3WG1R8 ** TriMas Corp is selling its aerospace segment to an affiliate of investment firm Tinicum for $1.45 billion, it said on Tuesday, in a bid to focus on its core packaging business amid a push from activist investor Barington Capital. nL4N3WG1FL ** Starbucks said it would sell control of its operations in China to Boyu Capital in a deal that values the business at $4 billion - one of the largest divestments of a China unit by a global consumer company in recent years. nL6N3WF0TZ ** AnaCap Financial Partners-backed German insurance intermediary MRH Trowe has further grown its regional presence with the purchase of a majority stake in M&A transaction insurance MGA Pantheon Underwriters. nL6N3WG1IU ** Real estate services firm CBRE Group Inc said it has acquired infrastructure maintenance firm Pearce Services from New Mountain Capital for about $1.2 billion in cash, with a potential earn-out of up to $115 million. nL4N3WG1EO (Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru) ((Rajarshi.Roy@thomsonreuters.com))