Deals of the day-Mergers and acquisitions

SoftwareOne Holding AG

19/02/2025 11:11

Feb 19 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:
     
** Switzerland's EFG International  EFGN.S   said it had posted
a net profit of 321.6 million Swiss francs ($356 million) in
2024, an increase of 6% from the previous year, and that it was
acquiring Swiss private bank Cité Gestion.
     urn:newsml:reuters.com:*:nL5N3PA0A0
     
** Swiss technology firm Softwareone  SWON.S  expects to close
its acquisition of Crayon Group  CRAYN.OL  in June, earlier than
its previous guidance for a closure in the third quarter, it
said.
     urn:newsml:reuters.com:*:nTUCNZVJL
     
** Japanese trading house Mitsui & Co  8031.T  said it would
acquire a 40% stake in the Rio Tinto-operated  RIO.AX ,  RIO.L 
Rhodes Ridge iron ore project in Western Australia for $5.34
billion to strengthen its long-term earnings base.
     urn:newsml:reuters.com:*:nL3N3PA09O
     
** Buyout firm Silver Lake is in exclusive discussions to
purchase a majority stake in Intel's  INTC.O  programmable chip
business, Altera, a person familiar with the matter told Reuters
on Tuesday.
     urn:newsml:reuters.com:*:nL3N3P91WU
     
** Payments processor Shift4  FOUR.N  has agreed to buy travel
and retail-focused financial technology platform Global Blue
 GB.N  in a deal valued at $2.5 billion, the companies said on
Tuesday.
     urn:newsml:reuters.com:*:nL3N3P91PK

 (Compiled by Rajarshi Roy and Abhinav Parmar in Bengaluru)
 ((mailto:Rajarshi.Roy@thomsonreuters.com;))