Deals of the day-Mergers and acquisitions

Telenor ASA

08/07/2026 10:34

July 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:
     
** Associated British Foods said it has completed the purchase of Hovis, adding one of Britain's best-known bread brands to its Kingsmill brand as it seeks to better compete in a market that has seen a decline in demand for the packaged sliced loaf. nL8N43A0MO
     
** Norwegian telecom operator Telenor <TEL.OL> said it has agreed to buy a controlling stake in Swedish broadband provider Bahnhof in a deal valuing the company at 6.1 billion Swedish crowns ($629.7 million) on an enterprise value basis. nL1N43A053
     
** Infrastructure engineering and construction firm MasTec <MTZ.N> said on Tuesday it would acquire electrical contractor Superior Group in a $1.65 billion cash-and-stock deal, expanding its capabilities in the fast-growing data center infrastructure market. nL4N4391SW
     
** ResMed <RMD.N> said on Tuesday it would sell its software business MatrixCare to private equity firm Frazier Healthcare Partners for $490 million in cash, as the health technology company sharpens its focus on sleep, breathing and home-based care. nL4N4391W3
     

 (Compiled by Rajarshi Roy in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))