Acquisition

An asset or object bought or obtained, typically by a library or museum.

Source: merriam-webster.com

Wexner To Sell Majority Stake In Victoria’s Secret
Wexner To Sell Majority Stake In Victoria’s Secret
February 20, 2020  |  Retail

As more shoppers moved to eCommerce, L Brands CEO Les Wexner wagered on opening more brick-and-mortar locations. Wexner has staunchly supported malls and believes that...

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FinTech LendingClub Buys Radius Bank For $185M
FinTech LendingClub Buys Radius Bank For $185M
February 18, 2020  |  Partnerships / Acquisitions

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC. Get the Full Story Complete the...

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Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6 Pct Economic Contraction
Today In Payments: Alibaba’s Loans For Coronavirus-Affected Firms Near $3B; Japanese Sales Tax Triggers 6...
February 18, 2020  |  News

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers...

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Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
February 18, 2020  |  eCommerce

Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in business platform BizApp, which helps businesses and brands manage daily operations...

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EU Neutral On Potential US Stakes In Ericsson, Nokia
EU Neutral On Potential US Stakes In Ericsson, Nokia
February 18, 2020  |  Mobile

The U.S. Attorney General William Barr recently said the country should consider purchasing majority stakes in Nokia and/or Ericsson to push back against the dominance...

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Google’s Waze Acquisition Likely Target Of FTC Scrutiny
Google’s Waze Acquisition Likely Target Of FTC Scrutiny
February 16, 2020  |  Google

The U.S. Federal Trade Commission (FTC) is investigating acquisitions made by big tech firms in the past 10 years and has a special focus on...

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Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into Amazon, Flipkart On Hold
Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into...
February 14, 2020  |  News

In today’s top news, at least four Puerto Rico government agencies were targeted in a $4 million online scam, and India’s court hit pause on...

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Google Closes $2.6B Deal For Looker Data Sciences 
Google Closes $2.6B Deal For Looker Data Sciences 
February 13, 2020  |  Google

Alphabet-owned Google said on Thursday (Feb. 13) it completed a deal to acquire privately-held data analytics firm Looker Data Sciences for $2.6 billion after winning clearance from...

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Real Estate Co First American To Acquire Docutech
Real Estate Co First American To Acquire Docutech
February 13, 2020  |  Partnerships / Acquisitions

Real estate transaction company First American Financial Corporation has announced that it is acquiring eDocument company Docutech, according to a press release. Get the Full...

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