
Deals of the day-Mergers and acquisitions

On September 2, several significant mergers and acquisitions were reported. Monte dei Paschi di Siena increased its bid for Mediobanca by adding a €750 million cash component. Shawbrook agreed to buy ThinCats, while Delek Group and Eni Spa are selling a 2% stake in Ithaca Energy. CATL is selling its 20.6% stake in Valmet Automotive. Bain Capital is acquiring Jensten Group, and Louis Dreyfus Company has acquired Bunge Global's operations in Hungary and Poland. CapVest Partners is set to acquire a majority stake in Stada Arzneimittel, and IAG completed the acquisition of RACQ's insurance business for A$855 million.
September 2 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday: Italian lender Monte dei Paschi di Siena (BMPS.MI) raised its bid for Mediobanca (MDBI.MI) by adding a 750 million euro ($878 million) cash component to its all-share proposal, in a move aimed at gaining full control of the merchant bank.
British lender Shawbrook said it had reached an agreement to buy specialist lender ThinCats for an undisclosed sum, as it looks to bolster its small business lending arm.
Israeli energy investor Delek Group (DLEKG.TA) and Italy’s oil and gas explorer Eni Spa (ENI.MI) will sell about 2% of their stake in UK-listed Ithaca Energy (ITH.L) , a bookrunner said on Monday.
Chinese battery maker Contemporary Amperex Technology (CATL) (300750.SZ) is selling its 20.6% stake in subcontracted Finnish car maker Valmet Automotive to the Finnish state and another shareholder, Finland’s government said on Monday, amid low electric car sales in Europe.
Private equity firm Bain Capital announced on Monday that it has penned a definitive agreement to acquire UK broker consolidator Jensten Group.
Louis Dreyfus Company has acquired grains and oilseeds processing, storage and trading activities in Hungary and Poland from rival agricultural commodity merchant Bunge Global (BG.N) , LDC said on Monday.
London-based buyout firm CapVest Partners is to acquire a majority stake in Stada Arzneimittel, the German generic drugmaker said on Monday, in what is set to be one of the biggest takeover deals in Europe this year.
Stada Arzneimittel said on Monday that buyout firm CapVest Partners had agreed with its owners Bain Capital and Cinven to acquire a majority stake in the German generic drugmaker.
IAG said on Monday that it has completed the acquisition of The Royal Automobile Club of Queensland’s (RACQ) insurance underwriting business for A$855 million ($559 million).

