Mergers and acquisitions

1410 articles tagged with this keyword

/Mergers and acquisitions

Bats shares soar on CBOE take over talk

Shares in Bats Global Markets have soared on the back of speculation that it may be acquired by the venerable Chicago Board Options Exchange.

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Thomson Reuters boosts buy-side capabilities with Redi acquisition

Thomson Reuters has agreed to buy trading technology firm Redi Holdings in a bid to boost its buy-side offering. Financial terms of the deal were not disclosed.

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IZettle acquires Scottish point of sale app intelligentpos

Swedish mPOS vendor iZettle has made its first acquisition, buying Scottish startup intelligentpos for an undisclosed sum.

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CMA refers Diebold/Wincor merger for in-depth investigation

The Competition and Markets Authority has referred the $1.8 billion Diebold/Wincor merger for an in-depth investigation after the US ATM manufacturer failed to resolve competition concerns about the supply of customer-operated cash machines in the UK.

/Mergers and acquisitions

Misys eyes £5.5bn IPO - Sunday Times

Core banking supplier Misys has appointed advisors ahead of a possible £5.5 billion London initial public offering, according to the Sunday Times.

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Diebold-Wincor Nixdorf merger faces UK competition probe

Days after completing their $1.8 billion merger, ATM giants Diebold and Wincor Nixdorf have been warned that they face an "in-depth" investigation from UK authorities unless they address competition concerns.

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Euronext to buy 20% stake in EuroCCP

European exchange group Euronext has agreed to pay around EUR14 million for a 20% stake in central counterparty EuroCCP.

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Bats to extend FX interest with acquisition of Javelin SEF

US exchange operator Bats is to further extend its footprint in the foreign exchange market with a planned acquisition of Swap Execution Facility Javelin SEF.

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Groupe BPCE agrees to buy Fidor

German digital challenger bank Fidor is being bought by France's Groupe BPCE. Fidor will continue to operate as an independent business following the acquisition, terms of which have not been disclosed.

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MasterCard agrees £700m VocaLink acquisition

MasterCard has agreed to pay about £700 million to buy 92.4% of VocaLink, the bank-owned operator of the UK's Faster Payments system and Zapp mobile service.

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Santander investment fund buys stake in digital ID firm Socure

Santander InnoVentures, the fintech venture capital fund of the Spanish banking group, has taken an undisclosed stake in New York-based digital identity startup Socure, growing its portfolio of fintech partnerships to nine companies since launch in 2014.

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ASX lifts stake in Digital Asset Holdings

The Australian Securities Exchange is to lift its stake in blockchain startup Digital Asset Holdings, reinforcing its determination to press ahead with plans to develop a new post-trade platform based on distributed ledger technology.

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Visa Inc seals buy out of European business

Visa Inc has completed its acquisition of Visa Europe, creating a combined global company serving 17,100 financial institutions and partners, more than 40 million merchant outlets, and 3 billion card accounts worldwide.

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Laplanche talks to investors about Lending Club takeover - Reuters

Former Lending Club CEO Renaud Laplanche, who was forced out of the company last month over a loans sale scandal, has been speaking to private equity firms and banks about raising money for a possible buyout of the online lender he co-founded, according to Reuters.

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Visa Inc gets green light from EC for Visa Europe acquisition

Visa Inc is expected to seal its takeover of Visa Europe by the end of the month, after getting full regulatory approval from the European Commission.

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As merger approaches, LSE and Deutsche Boerse eye job cuts and IT savings

The London Stock Exchange says that its planned merger with Deutsche Boerse could see up to 1250 jobs axed as the combined firm bids to make hundreds of millions of euros in cost savings, partly through technology.

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Tech Mahindra agrees £112m Target Group acquisition

Indian IT services group Tech Mahindra has agreed to buy Target Group, a UK business process outsourcing (BPO) and software provider to financial institutions, for an enterprise value of £112 million.

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Fitbit buys Coin assets for wearable payments play

Thirsty joggers could soon be buying their bottles of water with their Fitbits after the activity tracking company bought the wearable payments assets of Coin. Financial terms of the deal - which marks the end of the road for Coin - were not disclosed.

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UBS strikes alliance with robo-advisor SigFig

UBS has invested in wealth management tech firm SigFig as part of a strategic alliance that will also see the San Francisco startup create digital tools for the Swiss bank's US advisors.

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Euronext eyes M&A opportunities as it bids to compete with London and Frankfurt

European exchange group Euronext has set aside EUR150 million to fund its growth over the next three years through internal development and via a series of bolt-on acquisitions.