Boston-based Advent International, a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for 1 billion euros ($1.3 billion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Sur La Table Inc., the Seattle kitchenware products company that filed for bankruptcy protection last month, has sold for nearly $90 million, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
One of the world’s largest digital money movers could be getting bigger. 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 Today. By...
The bidding to buy TikTok’s U.S. operations took an unexpected turn over the weekend. 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...
Microsoft’s initial interest in TikTok’s U.S. operations has dramatically expanded, with the software giant now seeking a blockbuster deal to buy the popular Chinese video-sharing app lock, stock and barrel, a new report finds. Get the Full Story Complete the form to unlock this article...
Microsoft plans to finish its acquisition talks with TikTok within the next three weeks, ahead of a Sept. 15 deadline, CNBC reported. Estimates on how much the deal would actually amount to range widely — from $10 billion all the way to $30 billion. Get...
Tencent Holdings, widely known for its mobile text and voice messaging service WeChat, is behind extensive talks to merge China’s biggest game-streaming platforms, reported Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As the pandemic raged and millions lived under lockdown, one seemingly harmless diversion was TikTok, the amusing short-form mobile video app from Chinese tech firm ByteDance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Paya, an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. The combined company will be known as Paya and will be listed on the NASDAQ as “PAYA.” Get the Full Story Complete the...
