---
title: "Deals of the day-Mergers and acquisitions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287045376.md"
description: "On May 20, MNRB Holdings Berhad announced its acquisition of the remaining 80% stake in Labuan Re for $100.69 million. Infratil plans to sell 5% of its stake in Contact Energy for NZ$495.17 million ($288.83 million). Additionally, KKR and Energy Capital Partners are considering a higher bid for Irish energy distributor D0CC, according to Bloomberg News."
datetime: "2026-05-20T09:58:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287045376.md)
  - [en](https://longbridge.com/en/news/287045376.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287045376.md)
---

# Deals of the day-Mergers and acquisitions

May 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

\*\* Malaysia's MNRB Holdings Berhad is to buy the remaining 80% stake in offshore reinsurer Labuan Re for about $100.69 million, the company said.

\*\* New Zealand-based infrastructure investment firm Infratil ( IFUUF ) said it would sell 5% of its stake in Contact Energy ( COENF ) for NZ$495.17 million ($288.83 million).

\*\* U.S. investment firms KKR and Energy Capital Partners are weighing an increased offer for Irish energy distributor D0CC, Bloomberg News reported, citing people with knowledge of the matter. (Compiled by Rajarshi Roy and Parth Chandna in Bengaluru)

### Related Stocks

- [IFT.AU](https://longbridge.com/en/quote/IFT.AU.md)
- [KKR.US](https://longbridge.com/en/quote/KKR.US.md)
- [KKR-D.US](https://longbridge.com/en/quote/KKR-D.US.md)
- [KKRS.US](https://longbridge.com/en/quote/KKRS.US.md)
- [KKRT.US](https://longbridge.com/en/quote/KKRT.US.md)

## Related News & Research

- [GMR Solutions Finalizes IPO Agreements, $500M Private Placement; Ends KKR Monitoring Pact](https://longbridge.com/en/news/286754869.md)
- [Institutions bought more private credit as individuals balked, filings show](https://longbridge.com/en/news/286602637.md)
- [3 energy stocks that are quietly becoming the trades of the year](https://longbridge.com/en/news/286790976.md)
- [Meridian Energy executive trims shareholding in on-market trades](https://longbridge.com/en/news/286855358.md)
- [Peninsula Energy Limited's (ASX:PEN) Shift From Loss To Profit](https://longbridge.com/en/news/286824894.md)