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Nuvei Corp. has reached an agreement to acquire Payoneer Global Inc. in a transaction valued at approximately $2.75 billion, bringing together two major North American payments firms that collectively handle more than $500 billion in annual payment volume. Under the terms of the agreement, Payoneer shareholders will receive $7.40 per share in...

Fox Corp. has agreed to acquire streaming platform Roku in a deal valued at approximately $22 billion, underscoring the continued consolidation reshaping the media landscape as companies seek new avenues for growth amid shifting viewer habits. The transaction, announced Monday, values Roku at $160 per share through a combination of...

According to The Japan Times, the Japan Fair Trade Commission plans to impose approximately ¥1.6 billion (US$9.9 million) in fines on about 30 construction companies involved in alleged bid-rigging related to large condominium renovation projects. The agency is also expected to issue cease-and-desist orders to around 40 firms, including two construction design...

South Korea's antitrust regulator has approved NS Shopping Co.'s acquisition of Homeplus Express, marking a significant step in the ongoing restructuring efforts surrounding troubled retailer Homeplus Co. The Korea Fair Trade Commission granted clearance for the transaction, allowing NS Shopping to proceed with its purchase of the supermarket chain, according...

Apple Inc. said it will not roll out its new Siri AI experience on iPhones, Apple Watches and iPads in the European Union, escalating its ongoing clash with European regulators over the bloc's sweeping digital competition rules. The company said Monday that despite months of discussions with European authorities, it...

World No. 2 cement producer Holcim has received approval from European Union antitrust regulators to proceed with its planned acquisition of German walling systems manufacturer Xella, after agreeing to divest part of its operations in Romania. The European Commission announced on Friday that it had cleared the €1.85 billion ($2.1...

A proposed €20.35 billion takeover and breakup of French telecom operator SFR is emerging as one of the most consequential tests of Europe's changing approach to corporate consolidation, with regulators warning that approval is far from guaranteed. Bouygues Telecom, Free and Orange signed a memorandum of understanding with Altice France...

Banking groups opened a new front in their policy battle with crypto firms this week by urging federal regulators to clarify who will exercise oversight of stablecoin transactions after their initial issuance. In a pair of comment letters, the Bank Policy Institute and The Clearing House jointly claimed that current...