Deals of the day-Mergers and acquisitions
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On October 24, several significant mergers and acquisitions were reported. The Swiss National Bank divested its stake in Rio Tinto, continuing a trend in the extractive sector. Kirin is selling its Four Roses bourbon brand for $1 billion. GPT Group is acquiring a 50% stake in Grosvenor Place for A$860 million, partnering with Commonwealth Superannuation Corp. Additionally, Nicolet Bankshares is acquiring MidWestOne Financial Group for $864 million in stock, marking a notable bank deal this year.
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