Partnerships / Acquisitions

Partnerships / Acquisitions
U.S. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G
December 22, 2019

A group of state attorneys are banding together to fight a merger of T-Mobile and Sprint that is backed by the United States Justice Department, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
F5 Adds To Portfolio With $1B Shape Security Acquisition
December 20, 2019

To add protection from targeted fraud, automated attacks and botnets to its portfolio of application services, F5 will acquire fraud and abuse prevention company Shape Security. The two companies announced a deal in which F5 will buy all of Shape’s issued and outstanding shares for a...

Partnerships / Acquisitions
IAC To Purchase Care.com In Nearly $500M Deal
December 20, 2019

One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at almost $500 million. IAC will pay $15 for each share of Care.com in a transaction...

Partnerships / Acquisitions
Takeaway Looks Poised To Win Just Eat Deal
December 20, 2019

In the bidding war for British online food company Just Eat, competitors Prosus and Takeaway.com are both putting up strong offers for their final bids. Prosus, the internet division of tech conglomerate Naspers, is offering £5.5 billion ($7.16 billion USD) in cash, and Dutch takeout...

Partnerships / Acquisitions
PayPal Closes On GoPay Acquisition, Enters China
December 19, 2019

For PayPal, eyeing growth and eyeing new markets, the gaze is, at least in part, turned eastward. 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...

Partnerships / Acquisitions
PayPal Now Holds 70 Pct. Stake In China’s GoPay
December 19, 2019

PayPal has acquired a 70 percent equity stake in Guofubao Information Technology (GoPay) and will head to China as their first foreign online-only payments platform, PayPal said in a press release on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
TerraPay/UBA Linkup Enables Real-Time Money Transfers Throughout Africa
December 19, 2019

Mobile-first international payment network TerraPay is partnering with UBA Group, a leading pan-African financial services company, to offer real-time money transfer services to existing customers in 20 countries across Africa. TerraPay announced the partnership with the Nigeria-based company in a press release on Wednesday (Dec. 18)....

Partnerships / Acquisitions
Gojek To Take Strategic Stake In Blue Bird Taxicab Company
December 16, 2019

Indonesian delivery app Gojek has announced it will buy 5 percent of taxicab company Blue Bird, in an effort to stay competitive with rivals like Grab, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Uber Negotiating With India Rival Zomato To Unload Eats Biz
December 16, 2019

Uber could invest $100-200 million in competitor Zomato as part of a deal to unload its food delivery arm Uber Eats, Economic Times (ET) reported on Monday (Dec. 16), citing sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...