Deals of the day-Mergers and acquisitions

Yes Bank

17/09/2025 14:35

Adds:  Rithm Capital, XRG, Sumitomo Mitsui Financial Group Updates:

Sept 17 (Reuters) - 	The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

** Global asset manager Rithm Capital  said it had agreed to acquire real estate investment trust Paramount Group  for $1.6 billion in cash, betting on a rebound in office real estate.

nL3N3V40SI

** The Abu Dhabi National Oil Company (ADNOC) international investment arm XRG said  that an investor group it was leading had withdrawn an indicative $18.7 billion offer to buy Australian gas producer Santos .

nL2N3V40D1

**  The banking arm of Sumitomo Mitsui Financial Group <8316.T> has agreed to buy an additional 4.2% stake in India's Yes Bank  from an affiliate of Carlyle Group  for 51 billion yen ($349 million), it said.

nL2N3V40AF

** Global investment firm KKR has acquired Japan-based insurance distributor Hoken Minaoshi Hompo Group from investment fund Advantage Partners, the companies said on Tuesday. nL6N3V40BW

** Commodity trader and investment company ResInvest Group said it is in talks to buy Datteln 4, the 1-gigawatt coal-fired power plant Uniper  must sell as part of the German utility's government rescue in 2022. nL5N3V213D

** U.S. drugmaker Bristol Myers Squibb  said on Tuesday it has signed an agreement to sell its 60% ownership stake in a pharmaceutical joint venture in China. nL6N3V4032

** Activist investor Elliott Management said on Tuesday it has built a stake of more than $2 billion in human resources software provider Workday , while voicing support for the company's leadership. nL3N3V31EQ

 (Compiled by Rajarshi Roy and Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))