acquisitions

In Blow To Amazon, Regulators In India Approve Reliance Retail Deal

In Blow To Amazon, Regulators In India Approve Reliance Retail Deal
In Blow To Amazon, Regulators In India Approve Reliance Retail Deal
January 21, 2021  |  Partnerships / Acquisitions

In a big setback for Amazon, the Securities and Exchange Board of India has reportedly approved Reliance Retail’s $3.4 billion acquisition of Future Group’s retail...

READ MORE >
Birkenstock Discusses Potential Sale With CVC Capital Partners
Birkenstock Discusses Potential Sale With CVC Capital Partners
January 20, 2021  |  Retail

European footwear company Birkenstock is in discussions for a sale to CVC Capital Partners, which is far along in talks with the owners of the...

READ MORE >
Alibaba And Shopee Face Off In Vietnam’s Marketplace Showdown
Alibaba And Shopee Face Off In Vietnam’s Marketplace Showdown
January 20, 2021  |  eCommerce

The Vietnamese eCommerce market is getting crowded with numerous different companies to choose from, a Financial Times (FT) report says, leading to a clash between...

READ MORE >
Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships / Acquisitions

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Get...

READ MORE >
Today In Digital First Banking: LendingClub Gets OK To Buy Radius; European Banks Lend Less Amid Pandemic
Today In Digital First Banking: LendingClub Gets OK To Buy Radius; European Banks Lend Less...
January 19, 2021  |  News

In today’s top news in digital-first banking, LendingClub said it has attained all of the regulatory approvals to close its $185 million acquisition of Radius...

READ MORE >
MGM Backs Off Acquisition Of British Gaming Platform Entain
MGM Backs Off Acquisition Of British Gaming Platform Entain
January 19, 2021  |  Acquiring

MGM Resorts International said it’s pulling the plug on its bid to acquire the gaming platform Entain, which is its BetMGM partner. After Entain rejected...

READ MORE >
Office Depot Rejects Staples’ $2.1 Billion Bid, Offering Smaller Deal Or JV Instead
Office Depot Rejects Staples’ $2.1 Billion Bid, Offering Smaller Deal Or JV Instead
January 19, 2021  |  Retail

Office Depot is rejecting a $2.1 billion offer from Staples to buy the company outright, but is offering to either sell just Office Depot’s retail...

READ MORE >
Bed Bath & Beyond Finishes Sale Of Cost Plus World Market To PE Firm
Bed Bath & Beyond Finishes Sale Of Cost Plus World Market To PE Firm
January 19, 2021  |  Retail

Bed Bath & Beyond Inc. said on Tuesday (Jan. 19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity...

READ MORE >
LendingClub Gets OK To Acquire Radius Bancorp
LendingClub Gets OK To Acquire Radius Bancorp
January 19, 2021  |  Partnerships / Acquisitions

LendingClub said Tuesday (Jan. 19) it has received all the regulatory approvals necessary to close its $185 million acquisition of Radius Bancorp. The stage is...

READ MORE >