tradingkey.logo

Deals of the day-Mergers and acquisitions

ReutersMay 6, 2025 8:02 PM

- The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

*Buyout specialist CVC Capital Partners CVC.AS is in the early stages of exploring a 6 billion pound ($8.03 billion) takeover of Swiss duty-free retailer Avolta AVOL.S, Sky News reported on Tuesday. nL4N3RE1O5

*U.S. meal delivery firm DoorDash DASH.O will buy Deliveroo ROO.L in a deal valuing the British rival at about 2.9 billion pounds ($3.85 billion), the companies said, banking on their combined reach and local expertise to take on competition. nL6N3RE06N

Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said, sending the target firm's shares soaring 36% before the bell. nL4N3RE0WD

Uber said it would buy a majority 85% stake in Turkish food and grocery delivery platform Trendyol Go for $700 million, as the ride-hailing giant looks to tap new growth markets amid signs of saturation in its mainstay North American business. nL4N3RE10C

Arthur J Gallagher announced that it has acquired Türkiye-based boutique insurance and reinsurance broker Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera). nL6N3RE0C2

Vietnamese budget airline Vietjet said it had bought a strategic stake in Kazakhstan's Qazaq Air to form a joint venture that will operate a fleet of at least 20 Boeing 737 aircraft. nL4N3RE0EG

OpenAI has agreed to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Monday, citing people familiar with the matter. nL4N3RE00H

British financial services provider Alpha Group International ALPH.L said it had rejected an all-cash proposal from U.S.-based business payments firm Corpay CPAY.N. nL4N3RE0C3

U.S. fuel supplier Sunoco SUN.N has struck a $9.1-billion deal to buy Canada-based Parkland PKI.TO, a move that would create the Americas' largest independent fuel distributor but which Parkland's largest shareholder immediately criticized. nL4N3RD0IH

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI