Latest Mergers and acquisitions News: Finextra Research

ICE to buy majority stake in Mers

MERSCORP Holdings, Inc. and Intercontinental Exchange (ICE), today announced that ICE will acquire a majority equity position in MERSCORP Holdings, Inc., owner of Mortgage Electronic Registrations Systems, Inc. (collectively “MERS”).

17 June 2016

Company update/Mergers and acquisitions

Broadridge buys 4sight Financial Software

Broadridge Financial Solutions, Inc. (BR) today announced that it has expanded its global securities financing and collateral management capabilities through the acquisition of 4sight Financial Software Limited, a leading provider of securities finance and collateral management systems to financial institutions worldwide.

14 June 2016

Company update/Mergers and acquisitions

Broadridge to acquire DST comms biz

Broadridge Financial Solutions, Inc. (BR) today announced it has entered into a definitive agreement to acquire the North American Customer Communications (“NACC”) business of DST Systems, Inc. (DST) for $410 million in cash, subject to customary working capital and other closing adjustments.

14 June 2016

Company update/Mergers and acquisitions

Tsys buys out partner in Emea JV

Tsys (TSS) today announced that it has acquired — from The Merchants Group Limited (a Dimension Data company) — the remaining 45-percent ownership share in its TSYS Managed Services EMEA joint venture.

13 June 2016

News/Mergers and acquisitions

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.

08 June 2016

Company update/Mergers and acquisitions

BCS acquisition of US broker dealer gets green light

Alforma Capital Markets, Inc., a New York-based US broker dealer, has taken a step closer to being acquired by BCS Global Markets, the largest securities broker on the Moscow Exchange, by achieving formal regulatory approval from US regulatory body FINRA (Financial Industry Regulatory Authority).

07 June 2016

News/Mergers and acquisitions

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.

03 June 2016

Company update/Mergers and acquisitions

Cuscal takes 11% stake in Moroku

Cuscal and Moroku, a Sydney-based developer of mobile banking and payments software, have agreed terms which see Cuscal take a circa 11% stake in Moroku and a seat on its Board. Cuscal’s investment is part of a broader capital raising by Moroku.

02 June 2016

Company update/Mergers and acquisitions

Chequers Capital buys Fime

Fime, a world leader in certification consultancy and testing for secure electronic transactions, has been acquired from Orange by independent investment firm Chequers Capital.

02 June 2016

News/Mergers and acquisitions

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.

01 June 2016

Company update/Mergers and acquisitions

Battery Ventures completes acquistion of Alogent product line from Jack Henry

Battery Ventures, a global technology investment firm, announced today that it has successfully completed the acquisition of Goldleaf Enterprise Payments (GEPI), Inc., formerly the wholly-owned subsidiary of Jack Henry & Associates, Inc. (NASDAQ) that included the Alogent product line.

01 June 2016

Company update/Mergers and acquisitions

Novantas acquires Treasury Strategies

Novantas, Inc. announced today that it has acquired Chicago-based Treasury Strategies, Inc., a leading consultancy in bank and corporate treasury functions.

01 June 2016

Company update/Mergers and acquisitions

PayNearMe acquires financial management app Prism Money

Electronic cash payment network PayNearMe has acquired consumer financial management app Prism Money, enabling the company to offer businesses and financial institutions in-app bill presentment and the ability for consumers to make bill payments via Automated Clearing House (ACH) or credit/debit/prepaid cards.

31 May 2016

News/Mergers and acquisitions

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.

27 May 2016

Company update/Mergers and acquisitions

Profidata acquires Abraxas

Profidata Group AG (Profidata Group) has acquired the entire shares of abraxas GmbH (abraxas), a business that makes a perfect match for the existing portfolio of Profidata products and services.

27 May 2016

Company update/Mergers and acquisitions

SGX enters exclusive talks with Baltic Exchange

Singapore Exchange Limited (SGX) wishes to announce that it has entered into an agreement with The Baltic Exchange Limited (Baltic Exchange) through which SGX will enter into exclusive discussions with the Baltic Exchange regarding a cash offer for 100% of the share capital of the Baltic Exchange (Transaction).

25 May 2016

Company update/Mergers and acquisitions

Fin-Ex Holdings acquires Roubini Global Economics’ subscription business to merge with 4CAST Group

Fin-Ex, a private investment firm, has today announced the acquisition of Roubini Global Economics’ (RGE) core subscription business, which will be merged with 4CAST to create 4CAST-RGE, a global leader in the provision of independent financial market and macro strategy research.

24 May 2016

Company update/Mergers and acquisitions

CBOE takes equity stake in Eris Exchange

CBOE Holdings, Inc. (CBOE) and Eris Exchange, LLC (Eris) announced today that CBOE Holdings has made a minority equity investment in its parent, Eris Exchange Holdings, LLC.

23 May 2016

Company update/Mergers and acquisitions

FactSet to sell its market metrics business

FactSet Research Systems Inc. (NYSE:FDS) (NASDAQ:FDS), a leading provider of integrated financial information and analytical applications, today announced that it has entered into a definitive agreement to sell its market research business focused on advisor-sold investments and insurance, consisting of Market Metrics and Matrix Solutions, to Asset International, a portfolio company of Genstar Capital.

23 May 2016

News/Mergers and acquisitions

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.

18 May 2016