Deals of the day-Mergers and acquisitions

Reuters
01-23
Deals of the day-Mergers and acquisitions

Jan 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:

** Michigan's Highstreet Insurance Partners has acquired Missouri-based Siebert Agency and its sister companies Russ Siebert Insurance and Mary Siebert Insurance Agency (collectively Siebert Insurance), seeking to expand its reach in the central region.

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** Cadence Bank CADE.N said on Wednesday that it will acquire FCB Financial in a $103.6 million deal.

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** Insignia Financial IFL.AX said it has received an improved offer from U.S.-based Bain Capital to acquire the money manager for A$3.07 billion ($1.92 billion), matching rival CC Capital Partners' offer as bidding war escalates.

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** UK-based cybersecurity firm Quorum Cyber has acquired San Francisco-based Kivu Consulting, a global cybersecurity company specialising in incident response.

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(Compiled by Rajarshi Roy in Bengaluru)

((Rajarshi.Roy@thomsonreuters.com;))

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