Deals of the day-Mergers and acquisitions

TransDigm Incorporated

13/07/2026 20:34

Adds: Grasim Industries, TransDigm, First Hawaiian, Optio Group, Greenfire Resources
July 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Monday:
     
** Grasim Industries' GRAS.NS renewables unit will buy Sprng Energy from British oil major Shell SHEL.L in a deal worth $1.8 billion, including debt, in one of India's largest clean energy acquisitions, the companies said on Monday. nL4N43F17V
     
**  First Hawaiian FHB.O will buy California-based lender TriCo Bancshares TCBK.O in a $2 billion all-stock deal, as it seeks to expand beyond Hawaii and boost its mainland U.S. presence. nL4N43F0VE
     
** Plumbing supplies distributor Ferguson Enterprises FERG.N said on Monday it has agreed to acquire FloWorks from private equity firm Wynnchurch Capital for about $1.6 billion in cash, strengthening its portfolio of industrial flow-control products and services. nL4N43F14K
     
** Greenfire Resources GFR.TO said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited for around C$1.27 billion ($900 million) in cash. nL6N43F0VW
     
** London-listed Watches of Switzerland Group WOSG.L has held talks in recent months over potential offers to take the luxury watch retailer private, said three people close to the matter.
nL6N43F0V2
     
** Aeroplane parts maker TransDigm TDG.N said on Monday it was withdrawing from its proposed $960 million acquisition of Stellant Systems, a portfolio company of Arlington Capital Partners. nL4N43F0WV
     
** Optio Group has completed its acquisition of Gardian Marine Limited, the specialty MGA said. nL6N43F0L7
     
** AkzoNobel AKZO.AS has received multiple proposals from Nippon Paint 4612.T to buy its decorative paints business, valuing the business at €7.5 billion ($8.55 billion), it said, a month after Nippon Paint withdrew an offer to buy the whole firm along with U.S.-based Sherwin-Williams SHW.N for €12.5 billion. nL6N43F003
     
** Australian gold producer Regis Resources RRL.AX said that it will not submit a counterproposal to match an A$5.6 billion ($3.88 billion) bid from Genesis Minerals GMD.AX to buy Vault Minerals VAU.AX. nL4N43E03T
     

 (Compiled by Rajarshi Roy, Dharna Bafna and Sanskriti Shekhar in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))