Deals of the day-Mergers and acquisitions
NVDA•Reported bids, mergers, acquisitions and disposals
September 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:
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Nvidia (NVDA.O) will buy popular developer platform Hugging Face for $12.93 billion, betting that support for open AI models will drive future demand even as its biggest customers develop their own chips to reduce reliance on the semiconductor giant.
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Rokstone has completed the acquisition of specialist marine and logistics MGA Post & Co, the Aventum-owned (re)insurance MGA said.
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Bridgepoint has acquired a 70% stake in VIPR in a deal that values the delegated authority technology provider at around £80 million ($100 million).
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South Korea's Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50% stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said.
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U.S.-based Diversified Energy (DEC.N) said on Wednesday it will acquire privately held Birch for about $1.8 billion, expanding its presence in the oil- and gas-rich Permian Basin.
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