Mergers and acquisitions

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/Mergers and acquisitions

Nasdaq OMX buys 25% stake in Dutch MTF TOM

Nasdaq OMX has acquired a 25% stake in Dutch MTF The Order Machine (TOM) as it bids to build up its European equity derivatives business.

/Mergers and acquisitions

Rothschild buys Zopa stake

Jacob Rothschild's investment trust, RIT Capital Partners, has acquired a stake in peer-to-peer lender Zopa. Financial details of the deal have not been revealed.

/Mergers and acquisitions

Monitise confirms placing, acquisitions and delay to break even

UK mobile banking outfit Monitise has kicked off a £100 million share placement as the company provides news of two acquisitions and warns of further delays in its quest to hit break-even.

/Mergers and acquisitions

Greenwich Associates to acquire Javelin Strategy & Research

Financial services consultancy Greenwich Associates is to acquire retail finance research house Javelin Strategy & Research.

/Mergers and acquisitions

Wonga in talks to buy US small biz lender - Bloomberg

British payday lender Wonga is in talks to buy On Deck Capital, a US provider of loans to small businesses, for up to $250 million, according to Bloomberg.

/Mergers and acquisitions

Deutsche Bank to sell European merchant acquiring business

Deutsche Bank is to sell its European merchant acquiring business to US processor EVO Payments International.

/Mergers and acquisitions

Getco makes Knight Capital bid

High Frequency trading firm Getco has made a $3.50 a share offer for Knight Capital Group, which it helped rescue from bankruptcy over the summer.

/Mergers and acquisitions

Orc offloads Neonet to management and Hay Tor Capital

The management of Swedish agency broker and systems supplier Neonet has teamed up with Hay Tor Capital and Kas Bank to buy the business from Nordic Capital.

/Mergers and acquisitions

MarketAxess to acquire Xtrakter

Fixed income exchange MarketAxess has agreed to acquire European post-trade services group Xtrakter from Euroclear for £26 million in cash.

/Mergers and acquisitions

Diebold buys Turkey's Altus

American technology vendor Diebold has acquired Turkish ATM services specialist Altus. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

Canadian carriers offload Zoompass joint venture

EnStream, the Canadian mobile-commerce joint venture created by Bell, Rogers and Telus, has offloaded its Zoompass mobile money service to pre-paid and virtual card management outfit Paymobile.

/Mergers and acquisitions

Oslo Bors acquires Swedish neighbour Burgundy

Oslo Børs is to take over the operations of rival Swedish exchange Burgundy as it bids to raise its market share in the Nordics and challenge Nasdaq OMX for regional dominance.

/Mergers and acquisitions

Barclays takes over ING Direct UK

Barclays is set to take over the UK online banking operations of ING in a deal that will leave the Dutch outfit with a EUR320 million post-tax loss.

/Mergers and acquisitions

Square acquires digital design agency

Swipe-to-mobile outfit Square has acquired New York-based Web design agency 80/20.

/Mergers and acquisitions

First Derivatives goes on acquisition spree

Irish capital markets tech house First Derivatives has acquired three London-based businesses for a total consideration of up to £3.15 million as it looks to expand its managed services business.

/Mergers and acquisitions

ANZ to cut 200 IT jobs in National Bank of New Zealand merger

ANZ is to cut 200 back office IT jobs in New Zealand as it initiates a full-scale integration with The National Bank subsidiary it acquired from the UK's Lloyds Banking Group almost ten years ago.

/Mergers and acquisitions

Plus disposes of derivatives arm

Plus Markets has agreed to sell its derivatives exchange to Pipeline Capital, a new company set up by former staffer Clive Connors.

/Mergers and acquisitions

Temenos agrees edge IPK acquisition

Core banking vendor Temenos has signed a definitive agreement to buy edge IPK, a provider of user experience platform (UXP) software to the financial services industry. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

ACI Worldwide agrees $48.7 million acquisition of Distra

ACI Worldwide agreed a $48.7 million all-cash takeover of Distra, an Australian-based company that provides technology to help update bank legacy payments architectures and adapt to new modes of payment.

/Mergers and acquisitions

RBS confirms Direct Line IPO

The Royal Bank of Scotland has confirmed plans to offload its Direct Line insurance business in an initial public offering that analysts suggest could be worth £3 billion.