Deals of the day-Mergers and acquisitions
06/05/2025 14:39
Adds: AMETEK, Uber Updates: DoorDash May 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** Industrial tools maker AMETEK < AME.N > will acquire FARO Technologies < FARO.O > at an enterprise value of about $920 million, the two companies said, sending the target firm's shares soaring 36% b efore the bell . nL4N3RE0WD ** Uber < UBER.N > 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 ** 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 a bigger reach and local expertise to take on competition. nL6N3RE06N ** 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 and Neil J Kanatt in Bengaluru) ((Neil.JKanatt@thomsonreuters.com))