Walmart has struck a deal to fully acquire Massmart and purchase the shares it doesn’t already own for 62 rand ($3.65) each, with the deal also delisting the African retailer from the Johannesburg Stock Exchange (JSE) if approved. Get the Full Story Complete the form...
Since the start of June, mergers and acquisitions totaling more than $150 billion have either been postponed or canceled as financing becomes scarce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Subscription management platform provider Zuora has announced plans to acquire subscription experience platform Zephr for $44 million. 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...
Australian payments company Afterpay has ended its partnership with Westpac Banking after Afterpay canceled a smartphone app it was running with the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Information management company Open Text is acquiring software firm Micro Focus International in an all-cash deal totaling approximately $6 billion, including debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Aiming to start offering digital banking in Mexico, Brazil’s Bradescard, a subsidiary of Banco Bradesco, has reportedly agreed to acquire Mexico’s Ictineo Plataforma. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Global payments firm PayPal is partnering with the National Philanthropic Trust (NPT) and Vanguard Charitable to make it easier for charities to receive grant funds faster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Fintech-meets-fitness startup Paceline will be partnering with Ragnar Relay, a series of U.S.-based races to be the official credit card for the relay race, a press release from Paceline said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In what is said to be a landmark move in the digitalization of the luxury industry, fashion industry platform Farfetch has acquired a 47.5% stake in online luxury and fashion retailer YOOX Net-a-Porter (YNAP). Get the Full Story Complete the form to unlock this article...
