Deals of the day-Mergers and acquisitions
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On February 9, several significant mergers and acquisitions were reported. DBS Group increased its stake in Shenzhen Rural Commercial Bank to 19.90%. A consortium led by FedEx and InPost agreed to acquire InPost for €7.8 billion. DSM-Firmenich is selling its Animal Nutrition & Health business to CVC Capital for €2.2 billion. NatWest Group is purchasing Evelyn Partners for £2.7 billion to enhance its wealth management services. Additionally, Pepper Money received a takeover offer valuing it at A$1.16 billion, resulting in a record share price increase.
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