Deals of the day-Mergers and acquisitions

Shibaura Electronics Co

03/10/2025 11:18

Oct 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday:

** Britain's competition watchdog said it has accepted Spreadex's proposal to sell the business-to-business unit of Sporting Index to appease competition concerns in the UK licensed online sports spread betting market. nL3N3VK0I3

** French Prime Minister Sebastien Lecornu ruled out using special constitutional powers to ram the budget through parliament without a vote, putting the onus on lawmakers to agree on a compromise. nL5N3VK08F

** Taiwan's Yageo 2327.TW has succeeded in its $740 million unsolicited bid to buy Japan's Shibaura Electronics 6957.T as a majority of shareholders tendered to its bid of 7,130 yen ($48.32) per share, it said in a filing. nFWN3VJ0D5

** Amsterdam-listed private equity firm CVC CVC.AS will acquire a 20% stake in International Schools Partnership (ISP), which owns private schools around the world, it reported.nL5N3VK09S

** Artificial intelligence startups are attracting record sums of venture capital, but some of the world's largest investors warned that early-stage valuations are starting to look frothy, senior investment executives reported. nL2N3VK05Y

 (Compiled by Dharna Bafna in Bengaluru)

 ((Dharna.Bafna@thomsonreuters.com;))