Deals of the day-Mergers and acquisitions

Zambeef Products

03/03/2026 14:45

Adds: CRC Group, Ziff Davis, British International Investment, Norway's sovereign wealth fund  Updates: Rosebank Industries,  Senior Plc

March 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by  1430 GMT on Tuesday:

** CRC Group completed its acquisition of Euclid Transactional, the wholesale and specialty insurance distributor said.

nL6N3ZR0YG

** The UK's development finance vehicle British International Investment is preparing to take a controlling stake in Zambian food producer Zambeef in its push to back companies that help strengthen food supply in the region, its Africa head Chris Chijiutomi told Reuters.

nL8N3ZR1CR

** Ziff Davis  said it will sell its Connectivity division — the unit behind brands such as Ookla, Speedtest and Downdetector — to Accenture  for $1.2 billion in cash.

nL4N3ZR11L

** Norway's sovereign wealth fund has agreed to buy a 33.3% stake in a portfolio of operating renewable energy assets in North America.

nS8N3L0173

** British investor Rosebank Industries  said it would buy two U.S.-based industrial businesses, MW Components and CPM, in a deal worth $3.05 billion.

nL6N3ZR0R8

** British aerospace supplier Senior Plc  said it had received a takeover proposal from U.S.-based investment firm Tinicum and Blackstone , adding to a flurry of approaches in recent months by potential suitors.

nL4N3ZR0QI

** French oil major TotalEnergies TTEF.PA has sold a 50% stake in 11 battery projects under construction in Germany to Allianz Global Investors ALVG.DE, the companies said, as interest grows in Germany's fast-growing renewables market. nL6N3ZR0M2

** BlackRock BLK.N sold its remaining 11.4% stake in Spanish energy firm Naturgy NTGY.MC for 2.79 billion euros ($3.25 billion), a market filing showed. nL1N3ZQ12B

** A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison's 0001.HK global ports business without two terminals in Panama, after authorities seized the assets, Financial Times reported. nL4N3ZR0E6

** U.S. private equity firm Thoma Bravo is in advanced talks to buy third-party logistics provider WWEX Group to create a shipping technology business worth as much as $12 billion, Bloomberg News reported on Monday, citing people familiar with the matter. [ nL6N3ZR03S]

** Amazon AMZN.O unit Amazon Data Services is acquiring George Washington University's Virginia Science and Technology campus for $427 million, the university said on Monday, part of a rapid expansion of infrastructure to support artificial intelligence. nL1N3ZQ1DJ

** Fidelis Insurance Holdings Limited has entered into a definitive agreement to repurchase all remaining common shares held by CVC Falcon Holdings, one of its founding shareholders, for an aggregate $163.4 million. nL6N3ZQ1D2

 (Compiled by Rajarshi Roy and Koyena Das in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))