
Deals of the day-Mergers and acquisitions

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Several major mergers and acquisitions were reported: Nestle sold its 40% stake in Herta Foods to Casa Tarradellas; ServiceNow will acquire Armis for $7.75 billion; IMG will acquire Assist America; Orsted sold a 55% stake in a wind farm to Cathay; Akdital will buy Taoufik Hospitals for $90 million; SOCAR acquired a power plant in Turkey for $225 million; Samsung Electronics will acquire ZF Friedrichshafen's unit for $1.8 billion; ART will buy a 20% stake in Westfield Sydney for A$864 million.
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