Deals of the day-Mergers and acquisitions
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On August 22, several significant mergers and acquisitions were reported. Cenovus Energy plans to acquire MEG Energy for C$7.9 billion, creating a major oil sands company in Canada. Air Liquide is set to buy DIG Airgas for €2.85 billion. Cevian Capital has acquired a 3.02% stake in AkzoNobel, while Suneeta Reddy sold a 1.3% stake in Apollo Hospitals. Yageo raised its offer for Shibaura Electronics by 7%. Fonterra will sell its consumer businesses to Lactalis for NZ$3.845 billion, and Thoma Bravo is buying Dayforce for $12.3 billion.
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