Dunkin’ Brands Group, the parent of Dunkin’ — formerly Dunkin’ Donuts — and Baskin-Robbins, has stated on its website that it is negotiating to be acquired by Inspire Brands, a private equity-backed company whose other properties include Arby’s, Buffalo Wild Wings and Sonic, The New...
Activist investor Starboard Value already has 10.5 million shares — a 9 percent stake — in payments giant ACI Worldwide but is now eyeing the company for a potential takeover, according to a Reuters report on Thursday (Oct. 22). Get the Full Story Complete the...
daVinci Payments will merge with North Lane Technologies for the formation of a new company, operating under the umbrella of holding company Syncapay, which will be a “high growth, premier” payments company with “innovative” solutions, a press release says. Get the Full Story Complete the...
In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail Group, Alibaba said in a statement on Monday (Oct. 19). Get the Full Story Complete the form to unlock this...
An approximate $2.2 billion all-stock merger deal between First Citizens and CIT Group will result in the creation of the 19th biggest U.S. bank, with over $100 billion in assets, the companies announced on Friday (Oct. 16). Get the Full Story Complete the form to unlock...
Masayoshi Son, founder of SoftBank, is trying to forge a truce between rivals Grab and Gojek so the two companies can continue negotiating an acquisition, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Stripe is acquiring Paystack, a company that says it processes more than half of online payments in Nigeria. 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...
Shareholders of Just Eat Takeaway.com have approved the company’s acquisition of Grubhub for $6.9 billion, Reuters reported Wednesday (Oct. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Scandal-bogged Finablr has agreed to a takeover offer from Middle East-based Prism Advance Solutions, according to a report from the Financial Times (FT). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...