Latest Mergers and acquisitions News: Finextra Research

S&P Global agrees $44 billion merger with IHS Markit

S&P Global has agreed a deal to buy IHS Markit for $44 billion, creating a powerhouse in the provision of market data information services.

30 November 2020

Company update/Mergers and acquisitions

Finleap invests in digital financial platform for young academics

finleap, Europe's leading Fintech ecosystem, welcomes a new addition to its portfolio: The company "deineStudienfinanzierung" becomes part of the finleap family through investment.

30 November 2020

News/retail

Sabadell looks to offload TSB as BBVA merger falls through

Spanish bank Banco Sabadell is considering the sale of its troublesome UK unit TSB Bank, following the collapse of merger talks with BBVA.

27 November 2020

News/retail

Square to buy Credit Karma tax biz for Cash App expansion

Square is buying the tax business of Credit Karma for $50 million to bring do-it-yourself tax filing to its Cash App customers. The deal has seen Credit Karma's acquisition by Intuit cleared by the Department of Justice.

25 November 2020

Company update/Mergers and acquisitions

Future Publishing agrees terms for acquisition of GoCompare

Future Plc, the global platform for specialist media, today published results for the year end 30 September 2020 which are ahead of expectations and demonstrate the continued strength of its strategy to build a specialist global media platform that drives intent, powered by technology and insight with scalable, diversified brands.

25 November 2020

Company update/payments

InComm Payments buy Brazilian gift card processor

InComm Payments, a leading global payments technology company, today announced that it has acquired Todo Cartões, one of Brazil's main closed-loop gift card processors.

24 November 2020

Company update/payments

Visa closes YellowPepper acquisition

Today, Visa (NYSE: V) announced that it has completed the acquisition of YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean.

23 November 2020

News/retail

Sopra Steria in talks to acquire Fidor Solutions

Sopra Steria has entered exclusive negotiations to acquire Fidor Solutions, the software subsidiary of Fidor Bank.

20 November 2020

Company update/payments

Mastercard closes Finicity acquisition

Mastercard (NYSE: MA) today announced it has completed its acquisition of Finicity, a leading North American provider of real-time access to financial data and insights.

19 November 2020

News/payments

Mogo buys Carta Worldwide

Vancouver's Mogo is buying Toronto-based digital payments outfit Carta Worldwide in an all share deal worth C$24.2 million.

19 November 2020

News/crime

Nasdaq to acquire anti-financial crime group Verafin for $2.75 billion

Nasdaq is to acquire anti-financial crime group Verafin for $2.75 billion, accelerating the US exchange's evolution into a Saas technology provider.

19 November 2020

Company update/wholesale

IBM to acquire SAP consulting partner TruQua

As part of IBM's hybrid cloud growth strategy to drive digital transformation for clients, IBM (NYSE: IBM) today announced it has reached a definitive agreement to acquire TruQua Enterprises, LLC, an IT services and consulting SAP development partner that specializes in delivering finance and analytics solutions to Fortune 500 companies. Financial terms were not disclosed.

19 November 2020

Company update/regulation

Kaizen Reporting acquires Single Rulebook

Leading regulatory reporting assurance firm Kaizen Reporting (Kaizen), developer of the multi-award-winning assurance service, ReportShield, today announced the acquisition of Single Rulebook, the brainchild behind the integrated software solution for the management of regulatory rules. The price of the transaction was not disclosed.

19 November 2020

Company update/payments

SumUp acquires London-based Goodtill

Global payments service provider SumUp today is announcing it has acquired leading POS software provider Goodtill for an undisclosed amount, in a move that underlines SumUp’s long-term commitment to the growth and development of its restaurant and hospitality sectors.

19 November 2020

News/wealth

FNZ acquires South African wealth administrator Silica

FNZ is to expand the accessibility of wealth management services in the South African market with the acquisition of third party administrator Silica.

18 November 2020

News/markets

Deutsche Börse buys majority stake in ISS for ESG play

Deutsche Börse has agreed to buy an 80% stake in governance, ESG data and analytics provider Institutional Shareholder Services (ISS) in a deal that values the firm at nearly $2.3 billion.

18 November 2020

News/payments

Santander acquires Wirecard merchant technology assets

Banco Santander has acquired technology assets from the European merchant payments business of disgraced German payments processor Wirecard.

17 November 2020

Company update/regulation

DoJ clears Mastercard's Finicity takeover

We have been notified that the Department of Justice completed its review of our planned acquisition of Finicity and has cleared it to move forward.

16 November 2020

News/markets

PwC spins out fintech unit

Big Four accountancy firm, PricewaterhouseCooper (PwC), has spun off its financial data capture technology unit amid a regulatory crackdown on perceived conflicts of interest.

16 November 2020

Company update/Mergers and acquisitions

PNC agrees $11.6 billion to deal to acquire BBVA USA Bancshares

The PNC Financial Services Group, Inc. (NYSE: PNC) and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. (NYSE and MAD: BBVA) today announced that they have signed a definitive agreement for PNC to acquire BBVA USA Bancshares, Inc., including its U.S. banking subsidiary, BBVA USA, for a purchase price of $11.6 billion to be funded with cash on hand in a fixed price structure.

16 November 2020