Acquisitions

Acquisitions
Nexi Makes $400M Bid for Payment Unit of BPER Banca
February 21, 2022

Nexi, an Italian company working in payments, is in a $400 million bid for the payments unit of BPER Banca, according to a Monday (Feb. 21) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquisitions
Singapore FinTech M-DAQ Buys Wallex in Prep for IPO
February 21, 2022

FinTech startup M-DAQ has bought B2B cross-border payment provider Wallex to help it expand more in Southeast Asia, according to a company release (Feb. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Acquisitions
GXO Logistics to Buy Clipper Logistics, Solidifying Supply-Chain Management
February 21, 2022

GXO Logistics has reached an agreement to buy Clipper Logistics for £943 million ($1.28 billion), Bloomberg reported Sunday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Acquisitions
Mitchell & Ness Goes to Group Led by Fanatics and Jay-Z for $250M
February 18, 2022

Sportswear retailer Fanatics, rappers Jay-Z, Meek Mill and Lil Baby, and entrepreneur Maverick headline the star-studded new owners of retro sports apparel company Mitchell & Ness, Yahoo Sports reported Friday (Feb. 18). They teamed up with the D’Amelio family to pay $250 million, with Fanatics...

Acquisitions
Volkswagen, Huawei Negotiate Autonomous Driving Unit Deal
February 17, 2022

Volkswagen might be gearing up for an autonomous driving unit — it’s in talks with Huawei to buy its version of that, a Reuters report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Acquisitions
Webster Bank Close to Snapping up HSA Platform Bend Financial
February 16, 2022

Webster Financial Corporation is getting close to finalizing an acquisition deal for Bend Financial, a cloud platform for health savings accounts (HSA), according to a press release on Wednesday (Feb. 16). The financial terms were not disclosed. Get the Full Story Complete the form to...

Acquisitions
Energy Drink Maker Monster, Corona Beer Owner in Merger Talks
February 15, 2022

Monster Beverage and Corona brewer Constellation Brands are talking about combining companies, Bloomberg reported Monday (Feb. 14), citing sources familiar with the situation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Acquisitions
Social Native Expands Creator Economy Stake With Influence.co Acquisition
February 15, 2022

Global content marketplace Social Native has acquired the creator assets of professional “influencers” network Influence.co, a move that will boost Social Network’s expansion across the creator marketplace, per a Tuesday (Feb. 15) press release. Get the Full Story Complete the form to unlock this article...

Acquisitions
MoneyGram Finds $1.8B Suitor in Madison Dearborn
February 15, 2022

MoneyGram is set to be acquired by Chicago-based private equity firm Madison Dearborn Partners for $1.8 billion, the money transfer service announced Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...