US meal delivery firm DoorDash will buy British rival Deliveroo for 2.9 billion pounds ($3.85 billion), the companies said on Tuesday, as they look to expand their reach and take on competition. The companies rekindled...
AMETEK to acquire FARO Technologies in deal valued at $920 million
Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said on Tuesday, sending the target firm’s shares soaring 36 per cent in early trade. ...
WeightWatchers Files Bankruptcy as GLP-1 Drugs Reshape Market
WeightWatchers, known for its diet programs once endorsed by celebrities including Oprah Winfrey, has filed for bankruptcy after struggling to compete with weight-loss drugs like Ozempic. The company — which rebranded...
M&A deal signing hits 20 year-low after Trump’s ‘Liberation Day’
Bankers and CEOs hit the brakes on mergers and acquisitions after U.S. President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the bleakest days of the COVID-19...
I Squared, Enbridge and MPLX to acquire majority stake in Matterhorn natgas pipeline
Infrastructure investment firm I Squared, midstream company MPLX LP, and pipeline operator Enbridge Inc have entered an agreement to acquire up to 85% interest in the Matterhorn Express gas pipeline, the companies said...
Uber to buy controlling stake in Turkey’s Trendyol GO food delivery business for $700 million
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...
Aster to acquire Chevron Phillips Singapore Chemicals
Aster Chemicals and Energy will acquire Chevron Phillips Singapore Chemicals through its affiliate Chandra Asri Capital, the company said in a press release on Wednesday. Chevron Phillips Singapore Chemicals currently...
Samsung Electronics says unit Harman acquires Masimo’s audio business for $350 mln
Samsung Electronics said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo’s audio business for $350 million. It plans to combine Masimo’s audio business with Harman to...
Shoemaker Skechers to be acquired for $9 billion, taken pvt by 3G Capital
Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday. The offer of $63 per share represents a...
Second time lucky? KKR looks to sell RE Sustainability again, likely to fetch up to $1.5 billion
American private equity (PE) giant KKR is planning to relaunch the sale of its waste management portfolio company after a delay of almost a year, three people with knowledge of the matter said. The PE firm is eyeing up...
OpenAI agrees to buy AI coding startup Windsurf for $3 billion: Report
OpenAI has agreed to acquire AI based coding tool Windsurf for around $3 billion, according to a Bloomberg report. The ancquisition of Windsurf (formerly called Codeium) is currently not closed and if completed would be...
Austria’s Erste Group strikes deal with Santander to expand in Poland
Erste Group Bank has bought a 49% stake in Santander’s Polish bank for around 6.8 billion euros ($7.7 billion), turning Austria’s largest lender into one of the most important banks in Poland and freeing up...
