M&A

 Mergers & Acquisitions News (M&A)

• Leonardo Maria Del Vecchio, son of the founder of $114B-listed eyewear giant EssilorLuxottica, is nearing a deal to buy out two of his siblings' stakes in Delfin, the holding company of EssilorLuxottica, to take his stake to 37.5%  Reuters

• PE firm New Mountain Capital scrapped a $32B deal with ex-president Matt Holt to sell five companies Datavant, Swoop, Machinify, Smarter Technologies, and Office Ally to Matt Holt's tech rollup platform Thoreau  Modern Healthcare

• ​Toyota Motor-affiliated auto parts supplier Denso offered to takeover $8.3B-listed chip maker Rohm  Wall Street Journal

• KKR is exploring a ‌sale of $3B sale of data center company CoolIT Systems  EdgenTech

• French rare-disease pharma firm Servier agreed to acquire Day One Biopharmaceuticals in a $2.5B cash deal at a 68% premium  BioSpace

• Shipping firm Diana Shipping raised its unsolicited bid to acquire rival Genco Shipping & Trading to ~$1B, with Star Bulk Carriers agreeing to acquire 16 Genco vessels if the acquisition closes  Wall Street Journal

• German publisher Axel Springer struck a deal to buy UK newspaper Daily Telegraph for $770M  MarketScreener

• KKR will acquire a $235M stake in South Korean renewable energy firm SK Eternix from SK Discovery and local PE firm Hahn & Co.  PE Wire