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Offers of the day-Mergers and acquisitions – 01/17/2025 at 9:34 p.m.

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

(Ajoute: Lufthansa, Recordati, Nevada General Insurance
Company, MGG Investment Group)

The following deals, mergers, acquisitions and divestitures were reported at 2030 GMT on Friday:

* * Lufthansa LHAG.DE has completed its acquisition of a 41% stake in Italian state-owned airline ITA after the implementation of European competition measures, it said, in a move designed to strengthen the presence of the carrier in the lucrative southern European market.

** Recordati RECI.MI and its main shareholder CVC Capital Partners have denied any plans for a merger between the Italian drugmaker and its smaller rival Angelini Pharma.

**Southlake Financial Group has completed the acquisition of Las Vegas-based property and casualty insurer Nevada General Insurance Company from Western National Mutual Insurance Company.

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** The investment arm of Italian insurer Generali has entered into a definitive agreement to acquire a majority stake in US investment firm MGG Investment Group, which specializes in direct private lending.

** Société Générale SOGN.PA , ’s third-largest listed bank, has agreed to sell its subsidiary in Mauritania to a consortium led by asset manager Enko Capital, according to a statement sent to Reuters.

** Australia’s Insignia Financial IFL.AX said it had received a revised offer from US-based CC Capital Partners to acquire the fund manager for A$3.07 billion ($1.91 billion).

**Figs FIGS.N said on Thursday it had rejected an offer from private equity firm Story3 Capital Partners to acquire the blouse maker.

Belgium

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