Deals of the day.-Mergers and acquisitions

PUMA SE

28/11/2025 14:34

Adds: NatWest Group Updates:

Nov 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday:

** NatWest Group  is in exclusive talks to sell its 85% stake in workplace pension provider Cushon to U.S. insurance broker Willis Towers Watson  just two years after the British bank acquired the business, two people with knowledge of the matter said.

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** Chinese sportswear firms Anta Sports Products <2020.HK> and Li Ning <2331.HK> are among those exploring a potential takeover of struggling German sportswear brand Puma , a source with knowledge of the matter said on Thursday.

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**  German stock exchange operator Deutsche Boerse AG  said on Thursday it is in exclusive talks with Allfunds  over an acquisition of the European fund trading platform.

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** Piraeus Bank S.A. has completed its acquisition of all Ethniki Holdings S.à.r.l. shares for 600 million euros ($695.1 million) in cash, the bank announced on Thursday.'

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** UniCredit  bought a stake in Generali  as a "financial investment" but it is also open to considering working together with Italy's biggest insurer, Chief Executive Andrea Orcel said.

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** Naver Financial, a unit of South Korean internet giant Naver <035420.KS>, has agreed to acquire Dunamu, an operator of the country's largest cryptocurrency exchange Upbit, in an all-stock deal valued at 15.13 trillion won ($10.27 billion).

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 (Compiled by Rajarshi Roy and Koyena Das in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))