Acquisitions

Acquisitions
PYMNTS AM Radar: Retail Rivalry; Mo’ Money; AP Automation; Make it Digital; Unclogging Supply Chains
April 26, 2022

Today is Tuesday, April 26 and JCPenney is reportedly looking to snap up long-time rival Kohl’s while payments startup Airwallex is possibly seeking more funding. Plus, automating AP processes saves time and money for CFOs. Get the Full Story Complete the form to unlock this...

Acquisitions
EU Lawmakers Backed Tighter M&A Rules to Protect EU Targets
April 26, 2022

The Committee on International Trade at the European Parliament backed yesterday, April 25, a proposal that could make the acquisition of EU companies by overseas firms lengthier — and in some cases, more difficult.  Get the Full Story Complete the form to unlock this article...

Acquisitions
JCPenney Reportedly Could Buy Rival Kohl’s for $8.6B
April 26, 2022

JCPenney owners Simon Property and Brookfield Asset Management are reportedly looking to close an acquisition deal for Kohl’s that values the retail rival at an estimated $8.6 billion, The New York Post reported, citing unnamed sources with insider information. Get the Full Story Complete the...

Acquisitions
Twitter Approves Elon Musk’s $44B Bid
April 25, 2022

Twitter is on its way to being owned by the richest man in the world and one of its most influential users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Acquisitions
Swvl Acquires Turkish Mass Transit Provider Volt Lines
April 25, 2022

Tech-enabled mass transit provider Swvl Holdings Corp. on Monday (April 25) acquired Turkish B2B and Transport-as-a-Service mobility platform Volt Lines, continuing a flurry of deals that includes adding controlling stakes in Shotl, Viapool and door2door, according to a joint announcement. Get the Full Story Complete...

Acquisitions
Musk-Twitter Deal Would Be Latest in Trend of Billionaires Buying Media Companies
April 25, 2022

An attention-grab by a walking headline generator that echoes deeper themes on media platforms, Elon Musk’s $43 billion bid for Twitter is stepping from poison pill to possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquisitions
ID Verification Firm VerifyMe Acquires PeriShip for $10.5M
April 25, 2022

Identity verification provider VerifyMe has acquired logistics firm PeriShip for $10.5 million, the company said in a news release Monday (April 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Acquisitions
Malaysia’s HWGC Holdings Acquires Digital Payment Firm HWGG and Fintech Scion
April 24, 2022

HWGC Holdings, which is quoted on the OTCQB market, announced Friday (April 22) that it will acquire two financial technology companies, furthering the company’s blockchain ambitions in the FinTech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Acquisitions
Payroc Acquires Payments Platform Provider Worldnet
April 22, 2022

Global payments company Payroc WorldAccess has acquired Worldnet, which provides payment solutions for independent software vendors (ISVs). 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...