TD Synnex falls after agreeing to buy BlueStar

TD SYNNEX

07/10/2026 16:47

** Technology distributor TD Synnex Corporation SNX.N shares drop 2.2% to $272.49
** SNX agrees to acquire BlueStar, expanding its technology offerings; no terms disclosed 
** BlueStar is a specialty technology distributor with expertise in AIDC, RFID, mobility and point-of-sale technologies
** Deal is expected to give SNX customers and vendors access to broader technology offerings, resources and specialized capabilities - co
** SNX says co and BlueStar will continue operating independently until the deal closes, subject to regulatory approvals
** Including session's moves, SNX up 81.4% YTD

 (Reporting by Jayasree Prabhu)
 ((jayasree.prabhu@thomsonreuters.com))