Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:
**Scandinavian property companies Pandox AB <PANDXb.ST> and Eiendomsspar AS <EISP.NFF> have agreed to buy Ireland's largest hotel group Dalata <DHG.I> for 1.4 billion euros ($1.64 billion), the companies said.
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** The owners of Premier League club Burnley, Velocity Sport Limited, have agreed a deal to acquire Espanyol, the LaLiga team said on Monday.
** Lab equipment maker Waters Corp <WAT.N> on Monday said it will buy a bioscience and diagnostics unit spun off from medtech provider Becton Dickinson <BDX.N> in a stock-and-cash transaction valued at $17.5 billion, expanding its scale in clinical and diagnostic applications.
** K2 Insurance Services is selling its Gene Mason-led Aegis Pro Risk portfolio, a book of business originally launched in late 2020 offering $5 million in primary and excess capacity, to The McGowan Companies, wholesale and program manager sources confirmed.