Latest Mergers and acquisitions News: Finextra Research

P2 acquires financial crime specialist FS101

P2 Consulting (“P2”), a programme and project management consultancy that supports blue chip companies undertaking major change initiatives, is pleased to announce the acquisition of financial crime specialist FS101, significantly bolstering its capability in the anti-money laundering and cybercrime market.

20 April 2017

News/Mergers and acquisitions

Alibaba's Ant Financial merges with helloPay Group

HelloPay Group, the online payments platform used on South East Asian e-commerce platform Lazada, is to merge with Alibaba's Ant Financial and be rebranded into AliPay.

19 April 2017

News/Mergers and acquisitions

Ant Financial raises MoneyGram offer to $1.2bn

Ant Financial has increased its bid to buy MoneyGram by 36%, to around $1.2 billion, in an effort to fight off competition from Euronet.

18 April 2017

Company update/Mergers and acquisitions

Investoo buys comparison site100ForexBrokers

100ForexBrokers.com, launched in 2012, is one of the world’s biggest Forex broker comparison sites with 60,000+ unique visitors per month and 100s of real user reviews.

18 April 2017

News/Mergers and acquisitions

Apac banks suspicious about fintech consortiums

A research paper has revealed a level of scepticism among Asia Pacific banks when it comes to joining forces with fintechs.

13 April 2017

Company update/Mergers and acquisitions

FIS offloads Ambit biz to New Access Banking Software

New Access Banking Software, a global provider of critical front-office software solutions to the private banking industry, announced today the acquisition of the Ambit Private Banking business from FIS.

12 April 2017

News/Mergers and acquisitions

Mastercard gets CMA approval for Vocalink acquisition

The UK's Competition and Markets Authority (CMA) has cleared Mastercard's £700 million acquisition of Vocalink after the card giant promised to take steps to address the watchdog's concerns.

11 April 2017

News/Mergers and acquisitions

StatPro buys UBS Delta

UBS is selling its buyside risk and perfomance analytics toolbox UBS Delta and management and developer team to StatPro for £11 million.

07 April 2017

Company update/Mergers and acquisitions

Ant Financial fires off open letter to MoneyGram as bidding war intensifies

Ant Financial Services Group today issued the following letter to the MoneyGram (NASDAQ: MGI) community as it relates to Ant Financial's agreement to merge with MoneyGram.

06 April 2017

Company update/Mergers and acquisitions

Deutsche Bank buys stake in receivables auction platform TrustBills

Deutsche Bank AG today announced the acquisition of a 12.5 percent share interest in the receivables auction platform TrustBills.

04 April 2017

News/Mergers and acquisitions

BNP Paribas to acquire 95% stake in French neo bank Compte-Nickel

BNP Paribas is to acquire a 95% stake in Financière des Paiements Électroniques, which runs innovative French neo-banking startup Compte-Nickel.

04 April 2017

Company update/Mergers and acquisitions

Avangate buys 2Checkout

Avangate, the global eCommerce and subscription billing platform for software, SaaS, and digital solutions, announces its acquisition of 2Checkout, a global payment processor.

03 April 2017

Company update/Mergers and acquisitions

BM&FBovespa and Cetip combine to form B3

B3 is born today, providing a world-class financial market infrastructure that is complemented by a wide range of products and services.

31 March 2017

Company update/Mergers and acquisitions

BrokerTec Europe completes e-MID SIM SpA acquisition

BrokerTec, NEX Group’s global electronic fixed income trading platform, announces today that following Bank of Italy approval it has completed the transaction to acquire a majority stake in e-MID SIM SpA (e-MID), the first Italian electronic central limit order book (CLOB) platform for interbank deposits and Overnight Indexed Swaps (OIS).

31 March 2017

News/Mergers and acquisitions

LSE and Deutsche Börse merger officially blocked by European Commission

The European Commission has officially blocked the proposed mega-merger between the London Stock Exchange and Deutsche Börse, citing competition concerns.

29 March 2017

Company update/Mergers and acquisitions

DST to acquire remaining interest in State Street joint venture vehicles

DST Systems, Inc. (DST), a leading global strategic advisory, technology, and operations outsourcing company, and State Street Corporation (STT), today announced definitive agreements for DST to acquire State Street's ownership interest in the Boston Financial Data Services, Inc. ("BFDS") joint venture and the International Financial Data Services Limited ("IFDS U.K.") joint venture in the UK.

27 March 2017

Company update/Mergers and acquisitions

NXT-ID to acquire Fit Pay

NXT-ID, Inc. (NASDAQ: NXTD) ("NXT-ID" or the "Company"), a security technology company, and Fit Pay, Inc., a privately held provider of payment, credential management, and authentication platform services, today announced that the companies have entered into Letter of Intent to combine their businesses in a deal that includes stock and cash consideration.

27 March 2017

Company update/Mergers and acquisitions

Arvato increases stake in Brazil's Intervalor

Arvato Financial Solutions, the globally acting financial services provider, is taking its step-by-step option and has increased its holdings of Intervalor shares to 81.5 per cent.

27 March 2017

Company update/Mergers and acquisitions

MoneyGram files for confidential talks with Euronet

MoneyGram (MGI) today announced that it has entered into an Acceptable Confidentiality Agreement with Euronet Worldwide, Inc. ("Euronet") (EEFT) so that it can further consider Euronet's unsolicited proposal made on March 14, 2017 to acquire all of the outstanding shares of MoneyGram Common Stock and Preferred Stock for $15.20 per share in cash on an as-converted basis (the "Euronet Proposal").

27 March 2017

Company update/Mergers and acquisitions

Accenture to acquire First Annapolis

Accenture (ACN) has agreed to acquire First Annapolis Consulting, Inc., a privately held payments consulting and advisory firm, further expanding its capabilities in the payments market. Terms of the transaction were not disclosed.

23 March 2017