Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions Adds: UniCredit, Alkeme Insurance
July 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday:
** UniCredit CRDI.MI said on Wednesday it had secured 47.6% of the shares of Commerzbank CBKG.DE, leaving the Italian bank just short of gaining control of the German lender it has been trying to buy since 2024. nL8N43A0H6
** Nirvana has signed a definitive agreement to acquire certain assets of Ryan Specialty Nordics' C&S unit, the specialty MGA said. nL6N43A0LB
** U.S. insurance investigation services provider Command Investigations has acquired the insurance division of CoventBridge, the company said on Tuesday. nL6N43A0M0
** Alkeme Insurance has acquired Pearl River, New York-based MGA Virtue Risk Partners, the brokerage announced on Wednesday. nL6N43A0VG
** 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 and Nandan Mandayam in Bengaluru)
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