Deals of the day-Mergers and acquisitions
04/02/2026 14:54
Adds: PrimeGen, Marico, Live Nation Entertainment; Updates: Texas Instruments, Henkel Feb 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: ** Biotech firm PrimeGen US will go public in the United States through a $1.5 billion deal with blank-check company DT Cloud Star Acquisition DTSQ.O, the companies said. nL4N3Z01EU ** Indian consumer firm Marico MRCO.NS said that it will buy a 60% stake in homegrown brand Cosmix Wellness for 2.26 billion rupees ($25 million), as it bets on growing protein demand in the country. nL4N3Z018E ** Live Nation Entertainment LYV.N said it had agreed to buy Italy-based venue operator ForumNet from holding firm Bastogi BTGI.MI, strengthening its presence in Italy's live entertainment market. nL8N3Z01AH ** Texas Instruments TXN.O agreed to buy Silicon Laboratories SLAB.O in a deal valuing the chip designer at $7.5 billion, to expand its footprint in wireless connectivity chips used for industrial and consumer applications. nL4N3Z014D ** Persil-owner Henkel HNKG.DE said it had agreed to buy speciality coatings company Stahl for 2.1 billion euros ($2.5 billion) from Stahl Group, which is majority owned by French private equity firm Wendel MWDP.PA. nL6N3Z00HM ** A KKR KKR.N and Singapore Telecommunications STEL.SI consortium will pay S$6.6 billion ($5.2 billion) in cash to take full control of ST Telemedia Global Data Centres (STT GDC), the companies said, in an intensifying race for AI capacity. nL4N3YZ2RJ ** UK speciality insurer Beazley BEZG.L would recommend a sweetened 8 billion pound ($10.97 billion) takeover by Zurich Insurance ZURN.S once the Swiss firm makes a firm offer, it said after rejecting previous multiple bids. nL6N3Z00G7 ** Spain's Santander SAN.MC will buy U.S. regional lender Webster Financial WBS.N in a $12.2 billion deal to create one of the country's top-10 retail and commercial banks, the company said, marking a major bet on the U.S. market. nL4N3YZ20F ** Shell SHEL.L has agreed to sell a 20% stake in its Orca project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC), the oil major said. nL6N3YZ0ZT ** Glencore GLEN.L is in talks to sell a 40% stake in its copper and cobalt operations in the Democratic Republic of Congo to a U.S.-backed consortium in a deal valuing the assets at about $9 billion including debt, it said. nL6N3YZ11M (Compiled by Rajarshi Roy and Angela Christy M in Bengaluru) ((Rajarshi.Roy@thomsonreuters.com))