Mergers and acquisitions

1410 articles tagged with this keyword

/Mergers and acquisitions

Fiserv sells 55% of Lending Solutions business to Warburg Pincus

Fiserv is to sell a majority stake in its Lending Solutions business to Warburg Pincus for $395 million.

/Mergers and acquisitions

ION swallows up Openlink Financial

ION Investment group is to acquire Openlink Financial, continuing a treasury management investment buying spree which has seen it swallow up IT2, Financial Software Systems and Wall Street Systems.

/Mergers and acquisitions

Urban FT agrees to buy Digiliti Money

SaaS-based digital banking platform Urban FT has finally agreed a deal to buy remote deposit capture vendor Digiliti Money. Terms have not been disclosed.

/Mergers and acquisitions

Alibaba agrees to take 33% stake in Ant Financial

Alibaba has agreed to acquire a 33% stake in Ant Financial, opening the way for the Chinese tech giant's financial services affiliate to go public.

/Mergers and acquisitions

BME takes minority stake in social trading startup Finect

The Spanish stock exchange BME has acquired a 9.7% stake in local social trading community Finect as part of a tech-led diversification strategy.

/Mergers and acquisitions

Thomson Reuters and Blackstone agree acquisition

Thomson Reuters has signed a definitive agreement to sell a majority 55% stake in its financial and risk division to private equity funds managed by Blackstone.

/Mergers and acquisitions

AmEx buys virtual travel assistant Mezi

American Express has acquired Mezi, an AI-powered travel assistant app that helps users plan and book trips. Terms of the deal were not disclosed.

/Mergers and acquisitions

Thomson Reuters confirms acquisition talks with Blackstone

Thomson Reuters is in advanced talks with US private equity outfit Blackstone over the acquisition of a majority stake in its financial and risk business.

/Mergers and acquisitions

Finastra acquires eFX trading supplier Olfa Soft

Finastra has acquired Geneva-based eFX supplier Olfa Soft to capitalise on an ongoing shift to automated machine-to-machine electronic trading in currency markets.

/Mergers and acquisitions

ING acquires a majority stake in Payvision

ING has spent EUR270 million to acquire a 75% stake in international card acquirer and payments platform Payvision.

/Mergers and acquisitions

Euronext seizes majority conrol of InsiderLog

Spotting an opportunity for profit from new Market Abuse Regulations (MAR), Euronext has spent €5.8 million to acquire 80% of the assets of InsiderLog, a Stockholm-based supplier of insider list management.

/Mergers and acquisitions

Blackhawk agrees $3.5bn sale

Blackhawk Network Holdings, a US fintech outfit specialising in prepaid gift cards, has agreed to be acquired by PE firm Silver Lake and hedge fund P2 Capital Partners in an all-cash deal worth around $3.5 billion.

/Mergers and acquisitions

SS&C agrees $5.4bn DST Systems takeover

SS&C has agreed a $5.4 billion cash deal to buy DST Systems, giving a major boost to its move into the $25 trillion US retirement market.

/Mergers and acquisitions

Lombard Risk agrees to Vermeg takeover offer

The board of UK-based banking and compliance software firm Lombard Risk has accepted a cash for shares offer from Dutch software firm Vermeg.

/Mergers and acquisitions

TD Bank buys Toronto AI outfit Layer 6

Toronto-Dominion Bank has acquired Canadian Artificial Intelligence startup Layer 6 in a deal reportedly worth more than US$100 million.

/Mergers and acquisitions

Capital One acquires machine learning consultancy Notch

Capital One has acquired machine learning consultancy Notch as part of a progressive effort to develop data-driven products and services for its customer base.

/Mergers and acquisitions

US Government blocks proposed merger of Ant Financial and MoneyGram

MoneyGram and Ant Financial have terminated their $1.2 billion merger agreement after the deal failed to pass muster with the Committee on Foreign Investment in the United States (CFIUS).

/Mergers and acquisitions

Bank of England authorises Tandem takeover of Harrods Bank

The Bank of England has given the green light for the takeover of loss-making Harrods Bank by digital challenger Tandem.

/Mergers and acquisitions

Tsys agrees $1.05 billion takeover of Cayan

Mergers and acquisitions activity in the hot payments space shows no sign of abating as Tsys agrees a $1.05 billion deal to buy out Boston-based merchant acquirer Cayan.

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Gemalto accepts EUR4.8 billion takeover offer from Thales

Gemalto has spurned overtures from Atos and instead accepted a EUR4.8 billion takeover deal from fellow French company Thales.