Offers of the day-Mergers and acquisitions – 03/01/2025 at 11:36

Offers of the day-Mergers and acquisitions – 03/01/2025 at 11:36
Offers of the day-Mergers and acquisitions – 03/01/2025 at 11:36

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

The following deals, mergers, acquisitions and divestitures were reported at 1030 GMT on Friday:

** Norway's sovereign wealth fund said it has acquired a 45% stake in a portfolio of US logistics properties from the Canada Pension Plan Investment Board in a new joint venture with Goodman Group for $1.07 billion.

** Skydance Media and Paramount Global PARA.O defended their proposed $8.4 billion merger on Thursday, urging the Federal Communications Commission to reject critics' objections as “unwarranted” and “baseless ”

** Catastrophe insurance specialist SageSure has completed the acquisition of GeoVera Advantage Insurance Services, an earthquake risk underwriter – the combined agency will now operate as a newly formed MGA.

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