Deals of the day-Mergers and acquisitions

Smithfield Foods

21/01/2026 14:44

Adds: Smithfield Foods, BDL Capital Management, Next Updates:

Jan 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday:

** U.S. pork processor Smithfield Foods  will buy century-old Nathan's Famous  in a $450 million deal that adds the most iconic U.S. hot dog name to its portfolio of brands, the company. nL4N3YM1AS

** European asset manager BDL Capital Management has built a stake of just over 1% in Beazley Plc since Zurich Insurance Group's 7.7 billion pound ($10.3 billion) all-cash takeover approach, in a move which signals buy-side interest in Beazley's valuation. nL6N3YM0Q5

** Fashion retailer Next  said it has purchased British footwear brand Russell & Bromley through an insolvency process, paying 2.5 million pounds ($3.4 million). nS8N3Y6030

** Some clear winners are emerging in the bidding war between Netflix and Paramount Skydance for Warner Bros Discovery: JPMorgan and Allen & Company. nL6N3YL15N

** U.S. uranium producer Energy Fuels  has agreed to pay a large premium for Australian Strategic Materials (ASM) , as the United States bolsters efforts to secure Western supply chains for rare earth elements. nL4N3YL26Z

** Airwallex has acquired South Korea's Paynuri Co Ltd, securing local payments licences and a foreign-exchange business registration that will allow it to operate directly in the country as the Australia-founded fintech expands in Asia. nL1N3YM005

** Restaurant Brands Asia  said on Tuesday Inspira Global will invest up to 34.16 billion rupees ($375.06 million) for a controlling stake in the Burger King India operator, as private equity firm Everstone exits its stake. nL4N3YL20E

 (Compiled by Rajarshi Roy and Kunal Das in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))