Asda Group Ltd, the British supermarket retailer; TDR Capital, the London-based private equity firm; and EG Group, a global convenience retailer announced on Friday (Oct. 2) that they have agreed to acquire Asda, Walmart Inc.’s U.K. grocery chain, for 6.8 billion pounds ($7.9 billion). Get...
The mergers and acquisitions, the deal-making, the funding and IPOs among payments players may be just getting started. 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...
Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)’s credit card business, according to a report from The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Boost Payment Solutions, which works in optimizing payment cards, is partnering with Visa to give commercial card issuers, cardholders and suppliers more automation and flexibility in their experiences, according to a press release. Get the Full Story Complete the form to unlock this article and...
As business leaders reworked firms to contend with COVID-19’s effects and private equity firms sprang on targets, a revitalization in mergers and acquisitions (M&A) brought about the most active summer for large deals in 30 years, the Financial Times reported. Get the Full Story Complete...
Google’s wait for approval by the European Union (EU) of its $2.1 billion purchase of fitness tracker maker Fitbit is almost over. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Whole Foods CEO John Mackey said the company’s merger with Amazon has been enabling the grocery retailer to “think long term,” Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Jumio, known for its suite of artificial intelligence (AI)-powered identity verification and online know your customer (KYC) products, is beefing up its anti-money laundering (AML) powers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Walmart and financial services giant Goldman Sachs are teaming up to help the retailer’s “Marketplace” sellers gain access to lines of credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
