Mergers and acquisitions

1410 articles tagged with this keyword

/Mergers and acquisitions

Sberbank acquires Russian outsourcing firm Intercomp

Sberbank has completed a deal to acquire Intercomp, Russia’s leading business process outsourcing (BPO) company.

/Mergers and acquisitions

CMA finds Experian/ClearScore merger could hamper competition

The UK's anti-trust watchdog has provisionally found that Experian's takeover of ClearScore is likely to weaken competition in the credit reporting sector and have a negative effect on the services offered to customers.

/payments

UK competition watchdog says PayPal-iZettle deal could push up prices

PayPal's $2.2 billion takeover of Swedish mobile payments firm iZettle could lead to higher prices and worse service for UK customers, a Competition and Markets Authority (CMA) investigation has found.

/Mergers and acquisitions

Competition watchdog probes Nasdaq takeover of Cinnober

UK anti-trust regulators are probing the proposed takeover of Swedish trading technology firm Cinnober by Nasdaq.

/startups

Capital One buys online shopping comparison startup

Capital One has acquired WikiBuy, a Texas-based startup that helps users find lower prices, coupons, and rewards as they shop online. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

Moneyfarm acquires German digital wealth outfit vaamo

UK-based digital wealth manager Moneyfarm has acquired German compatriot vaamo, marking the company's entrance into a third European market.

/payments

Visa takes stake in India's BillDesk

Visa has moved to strengthen its position in the fast-growing Indian market, making a minority investment in digital payments platform BillDesk. Terms were not disclosed.

/devops

Goldman Sachs buys one-man spreadsheet startup ClearFactr

Goldman Sachs has struck a deal to buy ClearFactr, a New York-based startup behind spreadsheet software for creating, analysing and sharing financial models. Financial terms of the deal are not known.

/Mergers and acquisitions

Umpqua sells innovation unit to Kony

Portland-based Umpqua Bank has agreed to offload its Pivotus Ventures innovation subsidiary to tech firm Kony. Terms of the deal were not disclosed.

/Mergers and acquisitions

London Stock Exchange buys a further chunk of LCH

The London Stock Exchange is to lift its stake in LCH Group to 80%, paying £384 million for an additional 15.1% interest in the clearing house.

/Mergers and acquisitions

Moneta to acquire Czech challenger Air Bank

Czech bank Moneta is to acquire the Czech and Slovak business of consumer finance house Home Credit and its online challenger bank Air Bank for EUR767 million, creating a new business serving two million customers.

/Mergers and acquisitions

Financial technology sector enjoys M&A boom

The financial technology sector reported 141 M&A transactions in the first half of 2018, with a total disclosed value of nearly $40 billion, more than 26% up from the prior half year.

/Mergers and acquisitions

Circle plans to build token marketplace with acquisition of SeedInvest

Crypocurrency firm Circle is to acquire equity crowdfunding platform SeedInvest with the aim of creating a regulatory-approved token marketplace for capital formulation by businesses and individual entrepreneurs.

/Mergers and acquisitions

Tencent and KKR invest in Philippine fintech firm Voyager

Chinese web behemoth Tencent and private equity giant KKR are paying a combined $175 million for a "substantial" minority stake in the fintech arm of Philippines telco PLDT.

/payments

Banco Sabadell unit buys online payments platform PayTPV

InnoCells, the innovation hub of Banco Sabadell, has acquired Spanish online payments platform PayTPV. Terms of the deal were not disclosed.

/Mergers and acquisitions

Nacha acquires BPDA to push blockchain-based B2B payments directory

US electronic payments association Nacha has acquired the Business Payments Directory Association (BPDA) as it seeks to advance the development and deployment of a B2B payments and remittance directory.

/Mergers and acquisitions

PwC acquires KYC tool from FSCom

PwC is bolstering its regulatory compliance business with the acquisition of anti-money laundering and sanctions screening tool KYC-Pro from Irish consultancy FSCom.

/Mergers and acquisitions

Nasdaq makes $190 million offer for Cinnober

Nasdaq has made an all-cash offer of $190 million to acquires Swedish trading technolgy firm Cinnober.

/Mergers and acquisitions

Klarna to acquire consumer financing arm of Close Brothers

Fintech unicorn Klarna is buying the retail financing arm of merchant bank Close Brothers to strengthen its position in the UK market.

/Mergers and acquisitions

Paxos launches stablecoin

Blockchain startup Paxos has secured approval from New York regulators to launch a US dollar-pegged stablecoin