Deals of the day-Mergers and acquisitions

Lumentum Holdings

29/10/2026 13:46

Adds: ADT, DoorDash
Oct 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:
     
** Residential security company ADT ADT.N said it had agreed to be acquired by Thrive Holdings in an all-cash deal that values the company at about $7.6 billion.
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** DoorDash DASH.O said it would buy Instacart CART.O in a deal valued at about $17 billion, stepping up its push into the fast-growing US grocery delivery market as competition among app-based platforms intensifies.
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** US private equity firm Carlyle CG.O and the EBRD have agreed to sell Romanian energy company Black Sea Oil & Gas to Dutch firm Mazarine, Carlyle said, without disclosing the sum. nL6N46D0Y2
     
** Marvell Technology MRVL.O is in advanced talks to buy data-center optics maker Lumentum Holdings LITE.O, with a deal potentially set to be announced as soon as next week, a source familiar with the matter told Reuters on Wednesday. nL6N46E1EP
     

 (Compiled by Rajarshi Roy and Shania S Thomas in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))