Deals of the day-Mergers and acquisitions

Veolia Environnement SA

04/03/2025 14:37

Adds: Honeywell International

March 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday:

**  Honeywell International <
HON.O>
 said it would buy pump-maker Sundyne from private-equity firm Warburg Pincus for $2.16 billion in cash, as the U.S. conglomerate strengthens its energy business ahead of a planned three-way split.

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** Bridge Specialty Group, the wholesale broking division of Brown & Brown, has completed its previously announced acquisition of Columbus, Ohio-based NBS Insurance Agency from Nationwide.

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** Spanish holding vehicle Criteria will buy a 5% stake in French waste and water management company Veolia Environnement  and have a representative on its board, it said on Tuesday.

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** Italy's Banco BPM  aims to launch its offer to buy the fund manager Anima Holding  "from the second half of March," CEO Giuseppe Castagna told Il Sole 24 Ore daily in an interview published on Tuesday.

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** Seven & i 3382.T plans to reject a takeover bid from Canada's Alimentation Couche-Tard ATD.TO as the retailer seeks to enhance its corporate value on its own, the Yomiuri newspaper reported.

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 (Compiled by Rajarshi Roy and Aamir Sohail in Bengaluru)

 ((Aamir.sohail@thomsonreuters.com))