Deals of the day-Mergers and acquisitions

SpringWorks Therapeutics

12/02/2025 11:03

Feb 12 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1030 GMT on
Wednesday:
     
    ** Balkan telecoms and media company United Group has agreed
to sell its broadband provider Serbia Broadband to e& PPF
Telecoms Group and other assets to Telekom Srbija in a deal with
an enterprise value of 1.5 billion euros, United said.
     urn:newsml:reuters.com:*:nL8N3P30ER
     
    ** Spirit Airlines  SAVEQ.PK  on Tuesday rejected Frontier
Group's  ULCC.O  acquisition offer, worth about $2.16 billion,
saying the bid from its fellow ultra-low-cost carrier was less
beneficial to shareholders than its ongoing reorganization plan.
     urn:newsml:reuters.com:*:nL4N3P30AP
     
    ** The Australian government said it was open to acquiring
collapsed airline Regional Express Holdings  REX.AX  to ensure
its regional services continue, in what would be the first state
ownership of a carrier in the country in three decades.
     urn:newsml:reuters.com:*:nL4N3P220D
     
** Merck KGaA  MRCG.DE , the German healthcare and technology
group, said on Monday it is in advanced talks to acquire U.S.
cancer and rare diseases drugmaker SpringWorks Therapeutics
 SWTX.O .
     urn:newsml:reuters.com:*:nL1N3P119V
     
    ** French retailer Carrefour said in a statement on Tuesday
it plans to acquire all outstanding shares of Carrefour Brazil
from minority shareholders, boosting its stake in Carrefour
Brazil from 67.4% to 100%.
     urn:newsml:reuters.com:*:nS8N3O405X

 (Compiled by Rajarshi Roy and Neil J Kanatt in Bengaluru)
 ((mailto:Neil.JKanatt@thomsonreuters.com;))