Latest Mergers and acquisitions News: Finextra Research

Monitise shares shift up on talks of content business sale

Long-suffering investors in mobile banking firm Monitise have at last been given some reason to cheer amid confirmation that the beleaguered company is in talks to sell its marketing content business Markco Media.

04 March 2016

Company update/Mergers and acquisitions

ACI Worldwide completes sale of community banking assets to Fiserv

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that it has completed the sale of its Community Financial Services (CFS) business to Fiserv (NASDAQ: FISV).

04 March 2016

Company update/Mergers and acquisitions

Virtusa acquires majority stake in Polaris

Virtusa Corporation (NASDAQ GS:VRTU) today announced that its India subsidiary, Virtusa Consulting Services Private Limited (“Virtusa India”), has acquired all of the outstanding shares of Polaris Consulting & Services, Ltd. (“Polaris”) (BSE: POLARIS NSE: POLARIS MSEI: POLARIS) held by Mr. Arun Jain, founder and chairman of Polaris, Orbitech Private Limited, and certain other minority stockholders, representing an aggregate of approximately 51.7% (1) of the fully diluted outstanding shares of Polaris for an average of $3.12 per share (INR 213.883 per share) (2), for an aggregate purchase consideration of $165.89 million (INR 11,364 million) (2).

03 March 2016

News/Mergers and acquisitions

MasterCard mulls £1 billion takeover of VocaLink - SkyNews

Unsubstantiated reports suggest that MasterCard has approached the banking owners of VocaLink about a £1 billion takeover of the UK payments processor.

03 March 2016

Company update/Mergers and acquisitions

Actis agrees to sell Emerging Markets Payments

Actis, a leading growth markets investor, today confirmed an agreement to sell Emerging Markets Payments ('EMP'), the leading Africa and Middle East payments business, to Network International. The transaction is subject to regulatory approvals.

02 March 2016

Company update/Mergers and acquisitions

Tradeweb acquires Code Street

Tradeweb Markets, a leading builder and operator of global fixed income and derivatives marketplaces, announced today that it has acquired CodeStreet LLC, a leader in data-driven trade identification and workflow management software development.

02 March 2016

Company update/Mergers and acquisitions

ICE agrees to buy two data units from McGraw Hill

Intercontinental Exchange (ICE), a leading operator of global exchanges, clearing houses and data services, announced today that it has entered into a definitive agreement to acquire Standard & Poors Securities Evaluations, Inc. (SPSE), a leading provider of fixed income evaluated pricing, and Credit Market Analysis (CMA), a leading provider of independent data for the over-the-counter (OTC) markets, two assets under the S&P Global Market Intelligence business unit, from McGraw Hill Financial (NYSE (NYX): MHFI).

01 March 2016

News/Mergers and acquisitions

ICE prepares counterbid for London Stock Exchange

Intercontinental Exchange has confirmed that it is considering making an offer for the London Stock Exchange, following the announcement last week of merger talks between the LSE and Deutsche Bourse.

01 March 2016

Company update/Mergers and acquisitions

Citi to acquire Costco co-brand card portfolio from AmEx

Citi today announced it has signed a definitive agreement with American Express to acquire Costco’s U.S. co-brand credit card portfolio.

29 February 2016

Company update/Mergers and acquisitions

Wirecard acquires Romanian payment provider

Wirecard AG today acquired all shares of the Provus Group which is headquartered in Bucharest, Romania.

29 February 2016

Company update/Mergers and acquisitions

LSEG and Deutsche Börse merger update; Rolet to step aside

Further to the announcement on 23 February 2016, LSEG and Deutsche Börse set out below a summary of further key terms which the parties have agreed in relation to the potential merger of LSEG and Deutsche Börse (the “Potential Merger”) to form a combined group (the “Combined Group”)

26 February 2016

News/Mergers and acquisitions

Spain's BME buys out Infobolsa partner Deutsche Bourse

Spanish exchange operator Bolsas y Mercados Españoles (BME) has paid partner Deutsche Bourse EUR8.2 million in cash to take full ownership of financial information outfit Infobolsa.

25 February 2016

News/Mergers and acquisitions

London Stock Exchange confirms merger talks with Deutsche Bourse

The London Stock Exchange has confirmed that it is holding merger talks with Deutsche Bourse under a reverse takeover deal that would give the German exchange a 54.4% stake in the combined group.

23 February 2016

Company update/Mergers and acquisitions

Diebold clears antit-trust provisions in Wincor Nixdorf acquisition

Diebold, Incorporated (DBD), today announced that the required waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 has been terminated early, with respect to the company's definitive agreement to acquire Wincor Nixdorf AG (WIN.F).

18 February 2016

Company update/Mergers and acquisitions

Broadridge invests in AMA Partners

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has enhanced its corporate governance solution offering in Europe by taking a minority stake and entering into an exclusive distribution and marketing alliance with AMA Partners, B.V. (AMA).

18 February 2016

Company update/Mergers and acquisitions

S&P Capital IQ and SNL rebrand as S&P Global Market Intelligence

S&P Capital IQ and SNL announce that, effective immediately, the new combined entity is rebranding as S&P Global Market Intelligence.

15 February 2016

Company update/Mergers and acquisitions

Nasdaq to acquire Marketwired

Nasdaq, Inc. (NDAQ) today announced that it has entered into a definitive agreement to acquire Marketwired, a leading global provider of news distribution services and analytics for communications professionals.

12 February 2016

News/Mergers and acquisitions

Markit acquires syndicated loans tech from JPMorgan

Markit has acquired syndicated loan technology from JPMorgan in a bid to ease third party connectivity issues for market participants and shorten loan settlement timeframes. Financial terms were not disclosed.

09 February 2016

Company update/Mergers and acquisitions

Fintech finance boutiques Novitas and FTCL merge

NovitasPartners and FTCL, two boutique corporate finance firms specialising in the fintech sector, today announce their merger to meet the growing demand for corporate finance advisory services from clients within the payments, data, financial software, market infrastructure, business process outsourcing, and securities services subsectors.

08 February 2016

Company update/Mergers and acquisitions

Diebold commences takeover offer of Wincor Nixdorf shares

Diebold, Incorporated (DBD) announced today it has commenced the voluntary public takeover offer for all no-par value bearer shares of Wincor Nixdorf Aktiengesellschaft (FWB: WIN, ISIN: DE000A0CAYB2) ("Wincor-Shares").

05 February 2016