Mergers and acquisitions

3224 articles tagged with this keyword

/Mergers and acquisitions

Sberbank acquires 36% stake in MF Technologies; agrees strategic co-operation with Mail.ru

Sberbank and Mail.ru Group have agreed on strategic cooperation and signed binding paperwork to partner in mobility and food-tech. Sberbank has also signed binding documents to acquire a 36% shareholding in MF Technologies.

/Mergers and acquisitions

Mobile credit card firm Tymit secures £4m in debt and equity funding

Tymit, the new mobile enabled credit card, has secured £4 million in funding, the London headquartered firm announced today.

/Mergers and acquisitions

SIX makes cash offer of EUR2.84 billion for Spain's BME

Swiss Stock Exchange operator SIX is to make a EUR2.84 billion all-cash tender offer for Spain's Bolsas y Mercados Españoles, setting up a likely bidding war with pan-European exchange Euronext.

/Mergers and acquisitions

Elavon to acquire Sage Pay for £232 million

US Bank-owned Elavon is to acquire payments gateway Sage Pay for £232 million, expanding its business in the UK and Ireland.

/Mergers and acquisitions

Avaloq completes the acquisition of Derivative Partners

Avaloq, the leading cloud platform and service provider for banks, wealth managers and investment firms, has successfully closed the acquisition of Zurich-based Derivative Partners AG, the number one independent information and data provider for structured products and derivatives in Switzerland.

/regulation

Chatham Financial acquires London-Based JCRA Group

Chatham Financial announced today that it has acquired the JCRA Group, significantly expanding the firm’s presence in Europe to create a global powerhouse in financial risk management solutions.

/Mergers and acquisitions

EML acquires Prepaid Financial Services for £226 million

Ireland-based Prepaid Financial Services has agreed to sell 100% of its share capital to Australian payments firm EML for £226 million upfront plus an earn-out component worth £55 million.

/Mergers and acquisitions

Visa acquires minority stake in Nigeria's Interswitch

Visa is to acquire a 'significant' minority equity stake in Nigerian payments processor Interswitch in a deal that propels the African firm into Unicorn territory.

/payments

EML payments buys PFS

Prepaid Financial Services Ireland Limited (PFS) is pleased to announce it has entered into a binding agreement to sell 100% of the share capital of the company to EML payments Ltd for an upfront enterprise value of £226 million excluding cash on hand (the Acquisition) plus an earn-out component of up to £55 million.

/payments

SIA equity stakes change hands

CDP Equity and FSIA Investimenti, a company held 70% by FSI Investimenti (in turn controlled by CDP Equity with a 77% stake) and 30% by Poste Italiane, have today concluded the acquisition of the shareholdings in SIA, the payment systems company, of F2i, HAT, Intesa Sanpaolo and UniCredit.

/security

Fico acquires EZMCOM

FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that it is adding two new product families to its portfolio: FICO® Identity Proofing, which allows organizations to digitally onboard new customers without requiring in-person verification, and FICO® User Authentication, a comprehensive suite of capabilities including multifactor, biometric, and behavioral authentication.

/Mergers and acquisitions

FNZ completes acquisition of GBST

FNZ, the global platform as a service (PaaS) company, announces the completion of the acquisition of Australian listed financial technology company GBST Holdings Ltd (“GBST”), a provider of specialist financial services technology to the capital market and wealth management sectors.

/security

Canada's Interac buys digital ID outfit 2Keys

Canadian debit network Interac has acquired Ottawa-based 2Keys to strengthen its position in the digital identity market. Financial terms of the deal were not disclosed.

/wholesale

Avaloq prepares for sale - Reuters

With its largest shareholder looking for an exit, Swiss fintech house Avaloq has begun exploring a sale or initial public offering, according to Reuters.

/payments

Wirecard to acquire China's Allscore Payment Services

Wirecard, the global innovation leader for digital financial technology, is investing in a comprehensive license portfolio for digital payments through an acquisition in China.

/Mergers and acquisitions

Paragon ID buys Thames Technology

Thames Technology, one of Europe’s largest card issuing partners specialising in the design, manufacture, personalisation and distribution of payment and retail card programmes, announces that the company will join Paragon ID.

/Mergers and acquisitions

Santander splashes £350 million for majority stake in Ebury

Banco Santander is to pay £350 million to acquire a 50.1% majority stake in Ebury, a provider of corporate banking services to SMEs that trade internationally.

/Mergers and acquisitions

Zedra reaches agreement to acquire LJ Fiduciary

ZEDRA Group, the fast-growing global specialist in Trust, Corporate and Fund Services has today announced the acquisition of LJ Fiduciary, from investment firm Alvarium.

/Mergers and acquisitions

Square sells Caviar to DoorDash

Square, Inc. (NYSE: SQ) (the “Company”) today announced that it has completed its sale of Caviar to DoorDash, Inc. on October 31, 2019, for $410 million in a mix of cash and DoorDash stock.

/Mergers and acquisitions

Confluence buys StatPro for £161.1 million

US investment data management outfit Confluence has sealed a deal to buy UK portfolio analytics company StatPro for £161.1 million.