1425 articles tagged with this keyword
News/Mergers and acquisitions
Anglo-Dutch publishing firm Reed Elsevier has agreed a £343 million cash deal to buy US reference data specialist Accuity.
26 September 2011
ITRS Group, a provider of real-time monitoring systems to the financial services sector, has been acquired by asset manager Carlyle Group in partnership with its founders and management. Financial terms were not disclosed.
The London Metal Exchange (LME) says it has received "several expressions of interest" that could lead to a takeover. CME Group, IntercontinentalExchange and SGX are all said to be in the running.
Thomson Reuters has agreed to sell its trade and risk management technology business to Vista Equity Partners. Financial terms of the deal were not disclosed.
23 September 2011
Finextra caught up with Fundtech CMO George Ravich at the Sibos international banking conference in Toronto and put him on the spot over the vendor's decision to back out of an agreed merger with S1 in favour of a private equity buy-out by GTCR.
21 September 2011
OTC derivatives processing services firm MarkitServ has agreed to buy UK post-trade software vendor Logicscope. Financial terms of the deal were not disclosed.
American Express has acquired Sometrics, a virtual currency outfit targeting the online games community, for $30 million, according to TechCrunch.
SunGard has reached an agreement on the acquisition of Syntesys, a European Swift service bureau, in a bid to expand its outsourcing service for corporate to bank messaging.
19 September 2011
S1 Corporation has backed out of its merger agreement with Fundtech after receiving an $11.9 million termination fee but insists it is still not interested in a takeover by ACI Worldwide.
16 September 2011
The board of Fundtech is turning its back on a planned merger with S1 after receiving a "company superior offer" from private equity firm GTCR.
15 September 2011
Broadridge Financial Solutions has acquired buy-side technology and services outfit Paladyne Systems for around $76.5 million.
08 September 2011
De La Rue is bracing for confirmation from the Reserve Bank of India that it is to move to a new consortium of printers after the UK banknote maker's contract was suspended last year due to printing irregularities
05 September 2011
The London Stock Exchange has confirmed that it has made a majority bid for European independent clearing house LCH.Clearnet, opening up a bidding war with post-trade data group Markit.
02 September 2011
IBM has stepped up its investment in the booming risk management marketplace with a $387 million deal to buy Toronto-based analytics house Algorithmics.
01 September 2011
ACI Worldwide has stepped up its pursuit of S1 Corporation again, taking its cash and shares offer directly to shareholders.
30 August 2011
ACI Worldwide has increased the cash component of its takeover offer for S1 Corporation by 50 cents a share.
25 August 2011
The London Stock Exchange (LSE) has offered the UK Competition Commission no objections to the proposed merger between Bats Europe and Chi-X Europe, arguing that, if needed, a new player could quickly be established.
Nyse Euronext's proposed merger with Deutsche Börse has moved a step nearer after the Committee on Foreign Investment in the United States (CFIUS) waved through the deal.
23 August 2011
Aim-listed mobile and online banking software outfit Parseq says it has been approached by a group led by its own chief executive, Rami Cassis, about a takeover.
Shares in UK software house Autonomy soared 75% in morning trading on news of its planned £7 billion takeover by Hewlett-Packard.
19 August 2011
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