Mergers and acquisitions

1410 articles tagged with this keyword

/Mergers and acquisitions

CMA gives provisional nod to Mastercard remedies for VocaLink takeover

Mastercard has agreed to reduce the costs to the Link ATM network for switching infrastructure providers in order to head off competition concerns raised over its £700 million takeover of VocaLink.

/Mergers and acquisitions

Advent and Bain agree deal to buy Concardis

Advent International and Bain Capital Private Equity are to acquire German payment processor Concardis from its consortium of bank owners.

/Mergers and acquisitions

InvestCloud snaps up Babel for $20 million

California's InvestCloud has acquired UK trade processing and accounting software house Babel Systems for $20 million in a deal which reunites serial entrepreneurs and brothers John and Steve Wise.

/Mergers and acquisitions

China launches $1.5bn fintech fund

A consortium of Chinese state-owned companies and private enterprises has created a $1.44 billion investment fund dedicated to fintech mergers and acquisitions.

/Mergers and acquisitions

UK watchdog calls on Diebold Nixdorf to address competition concerns

Anti-trust watchdog the CMA has suggested a number of remedies to counteract a reduction in competition for the supply of cashpoints in the UK in the wake of the $1.8 billion merger between Diebold and Wincor Nixdorf.

/Mergers and acquisitions

Lloyds agrees £1.9 billion MBNA takeover

Lloyds Banking Group is to pay £1.9 billion for the acquisition of credit card outfit MBNA from Bank of America.

/Mergers and acquisitions

Euronext enters exclusive talks over acquisition of LCH.Clearnet SA

Euronext has entered exclusive talks over the acquisition of the French operations of LCH.Clearnet pending the successful closing of the merger between the London Stock Exchange and Deutsche Bourse.

/Mergers and acquisitions

Singapore's Senjō Group acquires Kalixa for EUR29 million

Singaporean-based payments investment firm Senjō Group has acquired the UK's Kalixa from GVC Holdings for a total consideration of EUR29 million.

/Mergers and acquisitions

Standard Bank snaps up mobile payments outfit

South Africa's Standard Bank has bought a majority stake in Firepay, the local startup behind popular QR code-based mobile payments service SnapScan. Financial terms have not been disclosed.

/Mergers and acquisitions

Visa to acquire Cardinal Commerce

Visa has agreed to buy e-commerce authentication firm Cardinal Commerce to beef up security in card-not-present channels whether through a browser, mobile app, or connected device.

/Mergers and acquisitions

Tungsten agrees sale of banking business

Supply chain finance outfit Tungsten has won approval from UK regulators for the sale of its banking offshoot to Wyelands Holdings.

/Mergers and acquisitions

Ant Financial enters SE Asia with investment in mobile money firm Ascend

Ant Financial, the financial services arm of Chinese e-commerce conglomerate Alibaba, has bought a stake in Thailand-based mobile money outfit Ascend, continuing its aggressive international expansion into new markets.

/Mergers and acquisitions

TD to acquire Scottrade

TD Ameritrade and its largest shareholder TD Bank have agreed to acquire online brokerage Scottrade for an estimated $4 billion, marking a new wave of consolidation in a market hard hit by robo-advisors and a switch away from day trading to passive investments by consumers.

/Mergers and acquisitions

Gmex restructures; spins off technology business

Gmex Group, the London-based derivatives venue set up by Chi-X Europe co-founder and one-time COO Hirander Misra, has restructured, spinning off its technology business and re-focusing its exchange-trading division.

/Mergers and acquisitions

British competition watchdog wants ICE to sell Trayport

Britain's competition watchdog has ruled that IntercontinentalExchange should sell Trayport to preserve competition in wholesale energy trading markets.

/Mergers and acquisitions

Icap beefs up regulatory reporting with Abide Financial acquisition

Icap has acquired UK regulatory reporting outfit Abide Financial for an undisclosed sum.

/Mergers and acquisitions

Capital One acquires mobile price tracker Paribus

Capital One is continuing its fintech shopping spree, buying online price tracker Paribus for an undisclosed fee.

/Mergers and acquisitions

German banks prep sale of Concardis payments JV - Reuters

A group of German banks are looking to sell their Concardis payments unit in a deal that could be worth up to EUR500 million, according to Reuters.

/Mergers and acquisitions

IBM to acquire Promontory; create AI-driven compliance subsidiary

IBM is to acquire risk management and regulatory compliance consulting firm Promontory Capital and create a new subsidiary, Watson Financial Services, in which it will use artificial intelligence technology to keep pace with the rapidly changing financial reporting landscape.

/Mergers and acquisitions

CBOE to acquire Bats for $3.2 billion in cash and stocks

The Chicago Board Options Exchange has agreed a blockbuster deal to acquire Bats Global Markets for $3.2 billion using a mixture of cash and stocks.