Deals of the day-Mergers and acquisitions

Perpetual

16/03/2026 11:58

March 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:

** Italian hearing aid group Amplifon  will buy Denmark's GN Store Nord's  hearing business for 2.3 billion euros ($2.6 billion) on a debt-free basis, the two companies said.

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** Financial services firm StoneX Group   proposed an all‑cash acquisition of CAB Payments , valuing the cross‑border payments provider at 241.4 million pounds ($319.7 million).

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** Australia's Perpetual Limited  said it agreed to sell its wealth management business to private equity firm Bain Capital for an upfront cash payment of A$500 million ($350 million).

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** Indian edtech startup upGrad has signed a term sheet to acquire rival Unacademy in an all-stock deal, the companies said on Sunday.

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(Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))