Deals of the day-Mergers and acquisitions

Tiptree

26/09/2025 11:02

September 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

** Online marketplace OLX will buy French motors classified platform La Centrale for 1.1 billion euros ($1.3 billion), its owner Prosus  said.

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** U.S. investment manager Tiptree  said that South Korea's DB Insurance <005830.KS> would acquire its specialty insurance unit, The Fortegra Group, for about $1.65 billion in cash.

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** India's Supreme Court said that JSW Steel's JSTL.NS $2.3 billion takeover of Bhushan Power and Steel (BPSL) could go ahead, reversing its own earlier decision to reject the deal.

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 (Compiled by Rajarshi Roy and Parth Chandna in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com and Parth.Chandna@thomsonreuters.com))