Deals of the day-Mergers and acquisitions
SBUX•Reported bids, mergers, acquisitions and disposals
September 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:
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Starbucks Corp (SBUX.O) is weighing the sale of a majority stake in its Japan business in a potential deal that could value the coffee chain's biggest overseas company-operated market at about $3 billion, two people with knowledge of the matter said.
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Private equity firm Kelso & Co is exploring a sale of its majority stake in legacy reinsurance group Premia Holdings, sources told The Insurer.
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Australia's Reliance Worldwide (RWC.AX) said it has agreed to a $2.9 billion buyout bid from global investment firm Brookfield (BN.TO), but will continue to seek alternative proposals from other parties.
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Aon company NFP has acquired multidisciplinary risk management firm Moores Insurance Management, based in Minneapolis, Minnesota, seeking to expand its capabilities in the Twin Cities.
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Arthur J Gallagher has acquired Englewood, Colorado-based McMillan Insurance & Bonding, which does business as Innovise Business Consultants, the broker said on Tuesday.
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Keystone has acquired Orange County, California-headquartered Infinity Assurance Group (IAG), the U.S. insurance broking platform announced on Tuesday.
