Deals of the day-Mergers and acquisitions

Siemens Energy AG

09/12/2025 14:44

Adds: Teleflex, Alcon, Starboard Value; Updates: Ananym Capital

Dec 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday:

** Swiss eyecare giant Alcon  has lifted its bid to acquire Staar Surgical  to $30.75 per share in cash, it said, valuing the medical technology firm at $1.6 billion. nL8N3XF191

** Medical device maker Teleflex  said it will sell three of its business units for a total of $2.03 billion in cash. nL4N3XF177

** U.S.-based activist investor Ananym Capital has taken a stake in German power equipment manufacturer Siemens Energy  and is asking the group's management to review its loss-making wind division, its co-founder said. nL4N3XF0D1

** Activist investor Starboard Value has taken a nearly 5% stake in Clearwater Analytics  and wants the technology company to boost its share price and run a robust sales process with independent advisers if it has received in-bound interest from potential buyers, two people familiar with the matter said. nL1N3XF01C

** Paramount Skydance  on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery , in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the dominance of the streaming giant. nL4N3XE13B

** Hawaii-based commercial real estate investment fund Alexander & Baldwin  said on Monday that it will be taken private by a group of investors led by MW Group in an all-cash deal that values the company at about $2.3 billion. nL6N3XE16Y

** WTW is in talks to acquire technology-driven retail broker Newfront in what would be one of the most significant moves yet by a global intermediary to absorb a Silicon Valley-backed distribution platform, according to people familiar with the matter. nL6N3XE14E

 (Compiled by Rajarshi Roy and Koyena Das in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))