Deals of the day - Mergers and acquisitions

Reuters
04-28
Deals of the day - Mergers and acquisitions

April 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 09:30 GMT on Monday:

** Shares in British meal delivery company Deliveroo ROO.L jumped 17% in early deals, the first trading session after it said it had received a $3.6 billion cash buyout proposal from U.S. peer DoorDash DASH.O.

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** Merck KGaA MRCG.DE has struck a deal to buy U.S. biotech company SpringWorks Therapeutics SWTX.O for an equity value of $3.9 billion, as the German company seeks to acquire treatments for rare tumours to boost its cancer drugs business.

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** Europe's Airbus AIR.PA has finalised an agreement to take some assets from Spirit AeroSystems SPR.N, both companies said, completing a critical part of a transatlantic carve-up of the struggling supplier with U.S. rival Boeing BA.N.

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** Italy's Mediobanca MDBI.MI struck back in its fight for independence with a 6.3 billion euro ($7.15 billion) offer for wealth manager Banca Generali BGN.MI to be financed through its stake in insurer Generali GASI.MI.

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(Compiled by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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