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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

Adds Frasers, Accelerant, Pharos Energy; updates Candle Lake

- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

** Mike Ashley's Frasers <FRAS.L> acquired luxury department store chain Harvey Nichols out of administration for an undisclosed sum , adding one of Britain's most storied retailers to its stable of premium retail brands.

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** Specialty insurance platform Accelerant has agreed to be taken private by software-focused investment firm Thoma Bravo in an all-cash deal valued at more than $4 billion, the company said .

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** Britain's Pharos Energy <PHARP.L> said Serica Energy <SQZ.L> will not pursue its takeover of the company after being outbid by Israel's Ratio Petroleum<RTPTp.TA> last week.

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** Candle Lake has offered to buy Swedish online casino provider Evolution <EVOG.ST> for about 131.7 billion Swedish crowns ($13.8 billion), or 695 crowns per share, the investment firm owned by billionaire Kenneth Dart said .

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** A mandatory offer from KKR <KKR.N> to buy Philippines-based First Gen Corp <FGEN.PS> would value it at around 165.44 billion pesos ($2.70 billion), the power producer and its parent First Philippine Holdings <FPH.PS> said.

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** Anthropic is in talks to buy Nvidia-backed startup Decart AI, according to a source familiar with the matter, as the Claude maker explores acquisitions that could help it handle growing demand ahead of its public listing.

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** Bank of America <BAC.N> will acquire as much as a 49.9% stake in the non-bank lending arm of Jio Financial Services <JIOF.NS> in a 182.68 billion rupee ($1.92 billion) deal, as the U.S. lender expands its presence in India's fast-growing financial sector.

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** Activist investor Ancora Holdings said on Wednesday it has proposed to buy H.B. Fuller's <FUL.N> Building Adhesive Solutions business for as much as $1.2 billion in cash.

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** Australia's Cleanaway Waste Management <CWY.AX> said it has received an about A$9.4 billion ($6.64 billion) takeover proposal from EQT Infrastructure.

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(Compiled by Rajarshi Roy and Shania S Thomas in Bengaluru)

((shanias.thomas@thomsonreuters.com))

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