Acquisitions

Acquisitions
Germany’s Rapid Delivery App Flink Buys French Rival Cajoo
May 16, 2022

Flink, the German rapid delivery startup, will buy its competitor Cajoo from France, which will give Flink access to the French grocery chain Carrefour, Bloomberg reported Monday (May 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Acquisitions
CDS Groupe Buys Rydoo Travel Platform to Boost Hotel Reservation Tech
May 16, 2022

Rydoo, a Belgian expense management software provider, is selling its travel platform to France-based hotel reservation tech firm CDS Groupe, according to a May 12 PhocusWire report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Acquisitions
Experian Secures Majority Stake in Brazilian FinTech MOVA
May 16, 2022

Global information services firm Experian has secured a majority acquisition deal for a 51% stake in Brazilian FinTech MOVA for 40 million Brazilian reais ($7.9 million) from Érico Sodre Quirino, a private investor, and Roberto Tesch, founder and CEO of MOVA. Get the Full Story Complete the...

Acquisitions
HG Vora Capital Management Offers Ryder $4.4B in Acquisition Deal
May 15, 2022

HG Vora Capital Management, an activist investor, is eyeing the buy of fleet management and supply chain operator Ryder System, The Wall Street Journal reported Friday (May 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquisitions
Investment Firm Thoma Bravo Acquires FinTech Bottomline Technologies
May 13, 2022

Software investment firm Thoma Bravo on Friday (May 13) announced the finalization of its acquisition of FinTech Bottomline Technologies for $2.6 billion in cash, almost five months after the companies agreed to the deal on Dec. 17 and more than two months after Bottomline stockholders...

Acquisitions
Indian Food Delivery Service Swiggy to Buy ResTech Dineout
May 13, 2022

Food delivery service Swiggy said Friday (May 13) it’s set to acquire Dineout, the Indian dining and restaurant tech platform. 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
PYMNTS AM Radar: Twitter on Hold; Crypto Lightning; Cash Flow Magic; Soup to Nuts; ICYMI
May 13, 2022

Today is Friday, May 13. Friday the 13th is known as an unlucky day in western superstition and is also the premise of the slasher movie franchise set at the fictitious Crystal Lake but is actually based on a real unsolved 1960 murder of three...

Acquisitions
Twitter Shares Dive as Elon Musk Puts Purchase Deal on Hold
May 13, 2022

Elon Musk tweeted that his $44 billion deal to acquire Twitter is now on hold while he analyzes the company’s estimates regarding fake accounts and the number of its monetizable daily active users. Twitter shares dropped 18% when the news was announced. Get the Full...

Acquisitions
Huntington National Bank Acquires FinTech Torana to Expand Digital Payments
May 12, 2022

Huntington National Bank, a subsidiary of Huntington Bancshares, said it had acquired San Francisco-based business-to-consumer payments FinTech Digital Payments Torana, according to a company press release on Thursday (May 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...