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Deals of the day-Mergers and acquisitions
Mar 27, 2025 3:22 AM

March 27 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on

Thursday:

** British investment platform AJ Bell said it would

sell its personal and occupational pension schemes business to

InvestAcc Group for up to 25 million pounds ($32.3 million), to

focus on its core business.

** UK's Warehouse REIT said it could recommend

Blackstone's 489 million-pound ($631.5 million) final

all-cash takeover proposal if the asset manager comes up with a

firm offer.

** An entity controlled by Indonesia's Widjaja family said it

had offered to buy Singapore-listed Sinarmas Land,

valuing the property firm at S$1.32 billion ($986.3 million).

** Private equity firm KKR is nearing a deal to acquire

Japanese medical gear maker Topcon ( TOPCF ), according to people

familiar with the matter, marking the latest sign of increased

leveraged buyout activity in Japan.

** China-based Ninestar Corp plans to sell printer

and printing software maker Lexmark International II to Xerox

in a deal estimated at up to $150 million, a fraction of

the price Xerox disclosed in December.

** U.S. property data group CoStar ( CSGP ) raised its

acquisition bid for Domain Holdings, Australia's ( DHGAF )

second-largest real estate classifieds company, with the revised

deal now valued at A$2.80 billion ($1.76 billion).

(Compiled by Rajarshi Roy and Padmanabhan Ananthan in

Bengaluru)

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