Deals of the day-Mergers and acquisitions

Portland General Electric Co

17/02/2026 21:08

Adds: KNDS, MTN, Monte dei Paschi, Updates: Fairfax

Feb 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

** Monte dei Paschi di Siena BMPS.MI will take full control of Mediobanca and delist it while preserving its brand, ending weeks of uncertainty over the future of the merchant bank. nL1N3ZD0QL

** MTN Group MTNJ.J has agreed to take full control of IHS Holding, buying the roughly 75% stake it does not already own in a deal that values the tower operator at about $6.2 billion, the companies said. nL1N3ZD0JO

** Berlin is preparing to buy a minority stake in KNDS, the Franco-German maker of Leopard tanks, four people familiar with the matter said, as it seeks to preserve influence after a planned 20 billion euro ($23.69 billion) listing later this year. nL6N3ZD0M8

** Warner Bros Discovery WBD.O rejected Paramount Skydance's PSKY.O latest $30-a-share hostile bid, but gave the Hollywood studio seven days to come up with a "best and final" offer for the owner of HBO Max and the "Harry Potter" franchise. nL4N3ZD0PX

** Danaher DHR.N will acquire pulse oximeter maker Masimo MASI.O in a $9.9 billion deal, as the life science firm looks to bulk up its diagnostics portfolio. nL4N3ZD0X5

** Insurance holding company Fairfax Financial is leading a consortium that has entered into a definitive agreement to acquire all the outstanding shares in real estate company Kennedy-Wilson Holdings for approximately $1.5 billion. [nL6N3ZD0HK]

** PacifiCorp, a utility owned by Berkshire Hathaway BRKa.N, is selling wind, natural gas generation and distribution assets and infrastructure in central and southern Washington state to Portland General Electric POR.N for $1.9 billion, citing liquidity concerns as it battles wildfire litigation in Oregon. nL4N3ZD0H0

** Exor EXOR.AS, the Agnelli family's investment vehicle, and the founder of Lifenet Healthcare have agreed to sell the Italian private clinics and diagnostics group to insurer Reale Mutua, the companies said on Monday. nL1N3ZC0EG

** U.S. hedge fund Third Point has bought a stake in Spanish defence company Indra IDR.MC and supports its chairman's plan to acquire smaller rival Escribano Mechanical & Engineering, a market source familiar with the matter told Reuters on Monday. nL8N3ZC0VU

** Germany's Hapag-Lloyd HLAG.DE said on Monday it would buy Israel's ZIM Integrated Shipping Services for $4.2 billion in cash to secure its position as the world's fifth-largest shipping group. nL1N3ZC06H

** British investment firm Rosebank Industries ROSE.L is in advanced talks to buy two private equity-owned U.S. businesses for $3.05 billion, it said on Monday. nL4N3ZC0C9

** Ardonagh Group has acquired a majority stake in Hong Kong-based Risk Management Insurance Brokerage (RMIB), the company said on Monday. nL6N3ZC0BO

** Chinese private equity firm FountainVest has called off a deal to buy a major stake in EuroGroup Laminations (EGLA) EGLA.MI from the Italian electric motor parts maker's top shareholder EMS after they failed to obtain a regulatory approval in India. nL8N3ZC097

** India's Torrent Power TOPO.NS said on Monday it will buy a coal-fired power plant operator in northern India from Larsen & Toubro LART.NS for 68.89 billion rupees ($759.48 million), including debt, as it seeks to build capacity in the region. nL4N3ZC082

($1 = 0.8441 euros)

(Compiled by Rajarshi Roy, Pragyan Kalita and Angela Christy M in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))