Shipping giant AP Moeller-Maersk AS has signed off on a $3.6 billion acquisition deal for omnichannel fulfillment company LF Logistics Holdings, according to a Wednesday (Dec. 22) press release. The deal is expected to close in 2022. Get the Full Story Complete the form to...
Avadian Credit Union has agreed to buy Citizens State Bank in its home state of Alabama, in a move that marks the 13th time this year a credit union (CU) has acquired a bank. Get the Full Story Complete the form to unlock this article...
Team8, an Israeli creator of cybersecurity startups, is partnering with Deloitte, an auditing, consulting, tax and advisory services provider to develop and implement cutting-edge technologies for financial services, according to a Tuesday (Dec. 21) press release. Get the Full Story Complete the form to unlock...
U.K. challenger bank Monese has acquired Trezeo, a financial services provider for self-employed workers. 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 daily newsletter, PYMNTS...
Visa has completed its purchase of Currencycloud, which works with banks and FinTechs to provide foreign exchange (FX) solutions for cross-border payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
This was the year for closing deals, with merger and acquisition (M&A) activity around the world tallying $5.63 trillion and shattering records set 15 years ago, Reuters reported on Monday (Dec. 21), citing data from Dealogic. Get the Full Story Complete the form to unlock...
International money service provider OFX Group Limited has announced an agreement to acquire Firma, a global foreign exchange service, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The parent company of Turkish eCommerce platform Hepsiburada said on Friday (Dec. 17) that it has entered into a definitive agreement to buy Turkish consumer finance company Doruk Finasman for the equivalent of $1.3 million. Get the Full Story Complete the form to unlock this...
Aggregator and digital ordering technology company Waitr Holdings Inc. signed a non-binding letter of intent Friday (Dec. 17) to acquire cannabis-focused point of sale (POS), inventory and compliance software platform Retail Innovation Labs Inc. dba Cova. Get the Full Story Complete the form to unlock...
