Acquisitions

Acquisitions
JCPenney Reportedly Could Buy Rival Kohl’s for $8.6B
April 26, 2022

JCPenney owners Simon Property and Brookfield Asset Management are reportedly looking to close an acquisition deal for Kohl’s that values the retail rival at an estimated $8.6 billion, The New York Post reported, citing unnamed sources with insider information. Get the Full Story Complete the...

Acquisitions
Twitter Approves Elon Musk’s $44B Bid
April 25, 2022

Twitter is on its way to being owned by the richest man in the world and one of its most influential users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Acquisitions
Swvl Acquires Turkish Mass Transit Provider Volt Lines
April 25, 2022

Tech-enabled mass transit provider Swvl Holdings Corp. on Monday (April 25) acquired Turkish B2B and Transport-as-a-Service mobility platform Volt Lines, continuing a flurry of deals that includes adding controlling stakes in Shotl, Viapool and door2door, according to a joint announcement. Get the Full Story Complete...

Acquisitions
Musk-Twitter Deal Would Be Latest in Trend of Billionaires Buying Media Companies
April 25, 2022

An attention-grab by a walking headline generator that echoes deeper themes on media platforms, Elon Musk’s $43 billion bid for Twitter is stepping from poison pill to possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquisitions
ID Verification Firm VerifyMe Acquires PeriShip for $10.5M
April 25, 2022

Identity verification provider VerifyMe has acquired logistics firm PeriShip for $10.5 million, the company said in a news release Monday (April 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Acquisitions
Malaysia’s HWGC Holdings Acquires Digital Payment Firm HWGG and Fintech Scion
April 24, 2022

HWGC Holdings, which is quoted on the OTCQB market, announced Friday (April 22) that it will acquire two financial technology companies, furthering the company’s blockchain ambitions in the FinTech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Acquisitions
Payroc Acquires Payments Platform Provider Worldnet
April 22, 2022

Global payments company Payroc WorldAccess has acquired Worldnet, which provides payment solutions for independent software vendors (ISVs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Acquisitions
B2B Startup Retailo Buys eCommerce Platform DXBUY
April 22, 2022

Retailo, a Riyadh, Saudi Arabia, company that digitizes retail operations in the Middle East and North Africa and recently called itself “the fastest growing startup in the Middle East,” acquired United Arab Emirates B2B eCommerce platform DXBUY, according to published reports. Get the Full Story...

Acquisitions
Elon Musk Secures $46.5B to Bid on Twitter, Eyes Tender Offer
April 21, 2022

Tesla and Space X CEO Elon Musk has $46.5 billion to back his bid to buy social media platform Twitter after bidding about $43 to take hold of the company last week, according to a report in The Wall Street Journal on Thursday (April 21)....