Deals of the day-Mergers and acquisitions

Svitzer A/S

02/04/2025 10:50

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

**  Convenience food manufacturer Greencore GNC.L agreed to buy rival Bakkavor BAKK.L in a deal valued at 1.2 billion pounds ($1.55 billion), to create a convenience foods giant in Britain.

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** Rupert Murdoch's News Corp NWSA.O said it completed the sale of its Australian cable-TV business Foxtel to British-owned sports network DAZN in a A$3.4 billion ($2.14 billion) deal.

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** Polish medical diagnostics group Diagnostyka DIAP.WA said it had acquired 51% stake in Eurodiagnostic, a company that manages mobile computed tomography (CT), magnetic resonance (MR) and X-ray laboratories.

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** Denmark's A.P. Moller Holding (APMH) said it has made an cash offer of 9 billion Danish crowns ($1.30 billion) for towage and marine service provider Svitzer SVITZR.CO, a 31.7% premium to Tuesday's closing share price in Copenhagen.

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 (Compiled by Rajarshi Roy in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))