Deals of the day-Mergers and acquisitions

Waystar Holding

24/07/2025 15:19

Adds:  City Office REIT Updates, Bavarian Nordic, Union Pacific, Ceconomy

July 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:

** City Office REIT  said it has agreed to be acquired by private investment firm MCME Carell Holdings for $7 per share in cash.

nL4N3TL11B

 **   Danish biotech Bavarian Nordic BAVA.CO said on Thursday it is in discussions with a consortium of Nordic Capital and Permira regarding a potential takeover offer.

nL8N3TL1TZ

     ** Union Pacific UNP.N said on Thursday it was in advanced discussions with rival Norfolk Southern NSC.N for a possible mega merger that would create an about $200 billion transcontinental railroad behemoth.

nL4N3TL1FJ

** German electronics retailer Ceconomy CECG.DE confirmed on Thursday it was in advanced negotiations with China's JD.com 9618.HK over a potential public takeover for 4.60 euros per ordinary share.

nFWN3TL1HM

** France's Pernod Ricard  has agreed to sell its Imperial Blue whisky brand to India's Tilaknagar Industries  for an enterprise value of 412.6 million euros ($486 million), as the spirits group boosts its focus on premium labels.

nL8N3TK1N0

** Healthcare software firm Waystar  said on Wednesday it would buy privately held Iodine Software in a deal worth over $1.25 billion, including debt, to expand its use of artificial intelligence in healthcare payments and reduce claim denials.

nL4N3TK1VS

** Brazilian food delivery app iFood, owned by Dutch technology investor Prosus , is in advanced talks to buy meal voucher company Alelo for about 5 billion reais ($904.75 million), the Valor Economico newspaper reported on Wednesday, citing sources.

nL1N3TK0VS

** Spain's Sabadell SABE.MC pledged on Thursday to boost profits and payouts for shareholders, including from the recently-agreed sale of UK arm TSB, as the bank set out its case to remain independent in the face of a hostile bid from bigger rival BBVA.

 nL8N3TL03M

** Dubai-based Sidara is considering reducing the price of its takeover bid for Wood Group WG.L, as Britain's financial watchdog has launched a probe into the oilfield services provider, the Financial Times reported on Thursday, citing people familiar with the matter.

 nL4N3TL0C1

      ** Healthcare software firm Waystar WAY.O said on Wednesday it would buy privately held Iodine Software in a deal worth over $1.25 billion, including debt, to expand its use of artificial intelligence in healthcare payments and reduce claim denials.

 nL4N3TK1VS

** One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP's BP.L Castrol lubricants business, Bloomberg News reported on Wednesday, citing people familiar with the matter.

nL4N3TK1SM

 (Compiled by Rajarshi Roy and Apratim Sarkar in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))