Deals of the day-Mergers and acquisitions

Alpha International

06/05/2025 21:02

Adds: CVC Capital Partners, Updates: DoorDash

May 6 (Reuters) - 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

 (Compiled by Rajarshi Roy, Neil J Kanatt and Jaiveer Shekhawst in Bengaluru)

 ((Jaiveersingh.shekhawat@thomsonreuters.com))