Deals of the day-Mergers and acquisitions

Destination XL

12/12/2025 15:04

Adds: EP Equity Investment Updates: SolGold

Dec 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday:

** SolGold  said it was "minded to recommend" an improved offer from its top shareholder, Jiangxi Copper <600362.SS> that values the gold and copper miner at about 842 million pounds ($1.13 billion), amid a global race for copper assets.

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** Czech billionaire investor Daniel Kretinsky's EP Equity Investment has agreed to buy central European used-car dealer Aures Holdings, the companies said .

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** British money manager Aberdeen  said it would acquire the management of nine U.S.-based closed-end funds with assets totalling 1.5 billion pounds ($2 billion), part of an ongoing drive to expand in the U.S. market.

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** Retailers Destination XL Group  and FullBeauty Brands agreed to merge, creating a bigger player in the size-inclusive apparel market, the companies announced on Thursday, confirming an earlier Reuters report.

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** BNP Paribas  has entered exclusive talks to sell its 67% stake in its Moroccan unit BMCI to Holmarcom Group, France's biggest bank said.

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 (Compiled by Rajarshi Roy and Koyena Das in Bengaluru)

 ((Rajarshi.Roy@thomsonreuters.com))