financetom
Business
financetom
/
Business
/
Deals of the day-Mergers and acquisitions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deals of the day-Mergers and acquisitions
May 6, 2026 7:04 AM

(Adds: Ametek ( AME ), WTW)

May 6 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1330 GMT on

Wednesday:

** Industrial equipment maker Ametek ( AME ) said it would

acquire the instrumentation businesses of valve and pump

manufacturer Indicor for about $5 billion in cash.

** WTW has completed the acquisition of workplace pension

and savings provider Cushon, the broker said.

** Stack Infrastructure, a data centre firm owned by Blue Owl

Capital, is considering its options, including a sale of its

Asia operations in a deal valued at more than $30 billion,

Bloomberg News reported on Tuesday, citing people familiar with

the matter.

**AIG has agreed to sell approximately 25 million shares of

common stock of Corebridge Financial ( CRBG ), representing its remaining

stake in the company.

** Bayer said that it will buy biopharmaceutical

company Perfuse Therapeutics to complement its ophthalmology

pipeline.

** Australia's Atlas Arteria ( MAQAF ) rejected a proposal from

IFM Global Infrastructure Fund to buy the toll road operator at

a valuation of A$6.89 billion ($4.95 billion), saying the

"highly conditional" offer materially undervalued it.

** Australia's DigiCo Infrastructure REIT ( DGTRF ) said it has

struck a deal with a North American fund manager to sell its

CHI1 data center facility in Chicago for $750 million.

** Insurance giant American International Group ( AIG ) said on

Tuesday it had agreed to sell its remaining stake in life

insurance and retirement firm Corebridge Financial ( CRBG ),

marking the culmination of a five-year separation.

** K2 Insurance Services has acquired Oculus Underwriters, a

specialist in small commercial property and businessowners

policy coverage, according to people familiar with the matter,

folding the business into Vikco Insurance Services, its existing

small commercial property brand.

** Escribano Mechanical and Engineering has sold its full stake

in Spanish defence company Indra, newspaper Expansion

reported on Tuesday.

(Compiled by Dharna Bafna and Rajarshi Roy in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tellurian CEO steps down
Tellurian CEO steps down
Mar 18, 2024
March 18 (Reuters) - Tellurian said on Monday Octávio Simões has resigned as chief executive officer of the LNG developer, a fortnight after the company said it would not renew or extend the employment term of Simões beyond June 5. Simões resigned on March 15 and has transitioned to the role of senior commercial adviser, reporting to the president of...
Acm Research Insider Sold Shares Worth $538,376, According to a Recent SEC Filing
Acm Research Insider Sold Shares Worth $538,376, According to a Recent SEC Filing
Mar 18, 2024
06:22 AM EDT, 03/18/2024 (MT Newswires) -- Haiping Dun, Director, on March 14, 2024, sold 19,434 shares in Acm Research ( ACMR ) for $538,376. Following the Form 4 filing with the SEC, Dun has control over a total of 855,090 shares of the company, with 855,090 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1680062/000114036124013646/xslF345X03/form4.xml Price: 27.55, Change: +0.44, Percent Change: +1.62...
XPeng Reportedly Planning to Launch Line of Cheaper Electrical Vehicles
XPeng Reportedly Planning to Launch Line of Cheaper Electrical Vehicles
Mar 18, 2024
06:20 AM EDT, 03/18/2024 (MT Newswires) -- Xpeng ( XPEV ) has announced plans to launch a line of cheaper electrical vehicles under a different brand name, media outlets reported Saturday. The Chinese carmaker said it would launch the brand within the next month, with models priced from 100,000 renminbi ($13,892) to 150,000 renminbi, Chief Executive He Xiaopeng said at...
Logitech's Stock Falls as Finance Chief Steps Down; Reiterates Full-Year Outlook
Logitech's Stock Falls as Finance Chief Steps Down; Reiterates Full-Year Outlook
Mar 18, 2024
06:22 AM EDT, 03/18/2024 (MT Newswires) -- Logitech International's ( LOGI ) shares declined early Monday as the computer products manufacturer announced the departure of its chief financial officer. Charles Boynton, who joined the company as CFO in February 2023, is leaving the role to pursue another career opportunity, Logitech ( LOGI ) said. Boynton will remain in his position...
Copyright 2023-2026 - www.financetom.com All Rights Reserved