Deals of the day-Mergers and acquisitions

Sandstorm Gold

08/07/2025 14:39

Adds: Updates:

July 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:

** Samsung Electronics <005930.KS> said it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business.

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** Royal Gold  said on Monday it will acquire Canadian peer Sandstorm Gold  for about $3.5 billion, helping the royalty firm strengthen its position in North America at a time when bullion has soared to record highs.

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** White Mountains Insurance Group is set to acquire a majority stake in Distinguished Programs after agreeing to buy approximately 50% of the MGA and program administrator's outstanding equity interests for $230 million.

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** CoreWeave  will buy crypto miner Core Scientific  in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed to power surging demand.

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 (Compiled by  Rajarshi Roy and Katha Kalia in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))