Offers of the day-Mergers and acquisitions – 01/06/2025 at 9:33 p.m.

Offers of the day-Mergers and acquisitions – 01/06/2025 at 9:33 p.m.
Offers of the day-Mergers and acquisitions – 01/06/2025 at 9:33 p.m.

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

(Updated Walt Disney, added BTG Pactual and Stryker)

The following deals, mergers, acquisitions and divestitures were reported before 2030 GMT Monday:

** Medical device maker Stryker SYK.N is in advanced talks to acquire Inari Medical NARI.O , which makes devices to treat patients with venous diseases, people with knowledge of the matter told Reuters.

**Brazilian investment bank BTG Pactual

BPAC11.SA will announce this week the purchase of Julius Baer’s local unit BAER.S in a deal worth around 1 billion reais ($163.6 million), O Globo newspaper reported, without specifying how he had obtained the information.

** China’s WuXi Biologics 2269.HK said it would sell its vaccine factory in Ireland to Merck MRK.N for about $500 million.

** Teoxane SA proposed to acquire Revance Therapeutics

RVNC.O for a higher price than Crown Laboratories’ buyout offer last month.

** Walt Disney Co DIS.N said it would merge its Hulu + Live business with smaller rival FuboTV FUBO.N , removing a significant hurdle to launching its sports streaming venture with Fox Corp FOXA.O and Warner Bros Discovery WBD.O.

** A takeover bid for Malaysia Airports Holdings MAHB.KL by a consortium including the country’s sovereign wealth fund Khazanah and BlackRock’s Global Infrastructure Partners has been extended to Jan. 17, from Jan. 8, according to a share filing.

**Australian firm Insignia Financial IFL.AX said it received a non-binding proposal from CC Capital Partners, LLC to acquire it for A$2.87 billion ($1.78 billion).

Swiss

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