Partnerships / Acquisitions

Partnerships / Acquisitions
ByteDance At Odds With Oracle Over TikTok Purchase
September 21, 2020

ByteDance was at odds with TikTok buyer Oracle over the exact terms of the deal to purchase the popular video-sharing app over the weekend, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
Tink Seeks Open-Banking Growth With Acquisition Of OpenWrks’ Aggregation Platform
September 21, 2020

Swedish open-banking platform Tink and U.K.-based OpenWrks have entered into a strategic partnership that includes Tink acquiring OpenWrks’ aggregation platform for an undisclosed sum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
FLEETCOR Buys AFEX To Boost Cross-Border Payments
September 20, 2020

FLEETCOR, which works in global business payments, announced that it had reached an agreement to acquire cross-border payment firm Associated Foreign Exchange (AFEX) to help boost its own payments network, a press release says. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Oracle And Walmart Could Pay $12B For TikTok Stake Under Deal Trump Endorses
September 20, 2020

Chinese tech giant ByteDance reportedly wants Oracle and Walmart to pay $12 billion for a combined 20 percent stake in its social media giant TikTok — a plan President Donald Trump endorses, which will allow TikTok to a least temporarily avoid a threatened U.S. shutdown....

Partnerships / Acquisitions
CaixaBank, Bankia Merger Could Create Spain’s Largest Financial Institution
September 18, 2020

CaixaBank and Bankia announced on Friday (Sept. 18) that they are merging in a deal that, if approved by regulators and shareholders, will create the country’s largest financial institution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Walmart, Oracle Stake Could Push TikTok Into Majority US Ownership
September 18, 2020

Backers of a new group vying to buy the U.S. operations for TikTok want to craft an agreement giving U.S. interests a majority stake in an attempt to appease the Trump administration’s fears of foreign surveillance, The Wall State Journal (WSJ) says. Get the Full...

Partnerships / Acquisitions
MetLife To Gain 35M Members With Versant Health Acquisition
September 17, 2020

MetLife has agreed to acquire Versant Health, which owns popular brands Davis Vision and Superior Vision, in a $1.675 billion transaction from its owners, an investor group led by Centerbridge Partners, according to a press release. Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Delivery Hero Acquires Glovo’s LATAM Business For Some $272M
September 16, 2020

Delivery Hero said on Wednesday (Sept. 16) that it has acquired fellow delivery service Glovo‘s Latin American operations for about $272 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
Telefónica Shakes Up 5G Race With Rakuten Deal
September 16, 2020

Telefónica is teaming up with a pioneering Japanese eCommerce company in a bid to speed up the rollout of 5G. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....