** FTX has reached an agreement to sell its crypto
derivatives platform LedgerX LLC to an affiliate of Miami
International Holdings Inc for $50 million, the bankrupt crypto
exchange said.
** Binance.US has called off its $1.3 billion deal to buy
assets of bankrupt crypto lender Voyager Digital, citing a
"hostile and uncertain regulatory climate."
** Digital Currency Group (DCG) said some creditors of its
bankrupt unit Genesis Capital have decided to walk away from a
prior restructuring agreement for the cryptocurrency lender.
** Swedish telecoms operator Telia Company has
agreed to sell its Danish operations to electricity and internet
provider Norlys for 6.25 billion Danish crowns ($919.85
million).
** Ultimate Fighting Championship (UFC) owner Endeavor Group
Holdings said on Tuesday it will sell its
sports-training boarding school IMG Academy to private equity
firm EQT's Asian unit in an all-cash deal valued at $1.25
billion.
** French money manager Primonial said that it is weighing a
piecemeal sale of its distribution and property investment
operations, after a deal to find a buyer fell apart last year.
** Bondholders in French fashion group SMCP , the
owner of labels such as Sandro and Maje, are expecting
first-round, non-binding bids for their 37% stake in the company
by mid-May, said two people with knowledge of the transaction.
** Online insurance marketplace Policygenius Inc has agreed
to be acquired by fellow digital insurance platform Zinnia, to
create a tech-focused platform covering the full insurance
process, executives at the companies told Reuters. (Reporting by Ananta Agarwal and Granth Vanaik in Bengaluru)
(Adds FTX, Binance.US, Digital Currency Group, Telia)
April 25 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 1950 GMT on Tuesday:
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