July 14, 2014
EBT Helping Make Cutting U.S. Food-Benefit Fraud A SNAP
improvements in the performance of food-benefit distribution through the agency’s Supplemental Nutrition Assistance Program. Trafficking fraud is at a record low, assisted greatly from electronic benefits transfer card initiatives that...
June 27, 2014
South Carolina Signs $51 Million EBT Contract With Xerox
Like many other states, South Carolina is looking to reduce its EBT fraud while also finding another card provider to replace Chase, which is leaving the EBT and commercial prepaid...
May 28, 2014
Switzerland: Nestle pays $1.4B to boost skincare portfolio
Swiss food conglomerate Nestle is reportedly expanding its skincare portfolio after acquiring various injectable treatment patents in a $1.4 billion deal. Reports say Nestle acquired the rights for various wrinkle...
May 13, 2014
France/Switzerland: Nestle in the lead for deal with Danone
French food product conglomerate Danone is said to be in “advanced” discussions with Swiss confectioner Nestle to divest its medical nutrition operations after healthcare firm Fresenius dropped out of the...
April 11, 2014
Heartland Goes To School With An Acquisition
By Jeffrey Green (@epaymentsguy) Payments processor Heartland Payment Systems Inc., which over the past few years has acquired various companies to help build its School Solutions and Campus Solutions businesses,...
April 09, 2014
US: Bidding wars rise for global over-the-counter purchase
Pharmaceutical giants are vying to acquire the over-the-counter operations of US-based Merck & Co., but according to reports, one company is favorite to come out victorious. UK-based Reckitt Benckiser is...
April 06, 2014
UK: Nutritional food buyout attracts two market bidders
The bidders vying to acquire nutritional yogurt firm Danone’s medical nutrition operations are down to just two companies, say reports, a healthcare company and a food company. Switzerland-based Nestle and...
December 20, 2013
The Power And Potential of Government Payments
By Rourke O’Brien, U.S. Department of the Treasury (@USTreasury) Nearly every American household receives some form of government payment—from social security to tax refunds to the Supplemental Nutrition Assistance Program...
November 27, 2013
US: CVS to spend $2.1B for biggest buyout in five...
CVS Caremark Corp., the nation’s largest prescription drug provider, announced plans for its largest acquisition in five years, the buyout of Coram LLC for about $2.1 billion. In a statement,...