By 13:30 GMT on Tuesday, the following bids, mergers, acquisitions, and disposals have been announced:

  • The German logistics business DHL announced plans to buy out all of the remaining stock of the Dubai-registered logistics company Danzas AEI Emirates.

  • IMAX China reported that its shareholders had turned down its parent company's offer to pay around 4 million for the remaining shares of the Hong Kong-listed business.

  • According to sources with knowledge of the situation, 
Truist Financial is in discussions to sell its insurance brokerage division to private equity company Stone Point for roughly $10 billion.

  • Kingspan Group K, located in Ireland, disclosed an obligatory cash offer of 2.66 billion Swedish crowns (2.64 million) for the shares of Nordic Waterproofing it does not already hold.
  • KakaoBank Corp.,
A South Korean digital bank, announced it will purchase a 10% share in Superbank, 

An Indonesian bank with a digital focus that is funded by Grab and Singapore Telecommunications.

Disclaimer: We don,t provide any Investment advice.