acquisitions

FTC Chair: Companies Buying Startups Could Be Seen As Anti-Competitive
FTC Chair: Companies Buying Startups Could Be Seen As Anti-Competitive
November 12, 2020  |  ANTITRUST

Joe Simons, chair of the U.S. Federal Trade Commission (FTC), said antitrust enforcers should be on guard against dominant companies buying emerging startups, Bloomberg reported....

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Wells Fargo Seeks Bidders For Private-Label Credit Card Unit
Wells Fargo Seeks Bidders For Private-Label Credit Card Unit
November 12, 2020  |  Acquiring

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of...

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UK Pushes For Greater Control Over Acquisitions By Foreign Businesses 
UK Pushes For Greater Control Over Acquisitions By Foreign Businesses 
November 11, 2020  |  International

The United Kingdom is poised to become the latest country to roll out rules aimed at barring acquisitions by foreign countries of businesses in key...

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Blackhawk Network Buys National Gift Card
Blackhawk Network Buys National Gift Card
November 10, 2020  |  Partnerships / Acquisitions

Global branded payments provider Blackhawk Network has acquired National Gift Card, one of the biggest North American prepaid tech and card companies, according to a...

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Installment Payments Startup Quadpay Snaps Up Fashion Search Engine Urge Holdings
Installment Payments Startup Quadpay Snaps Up Fashion Search Engine Urge Holdings
November 10, 2020  |  Partnerships / Acquisitions

Quadpay is buying fashion search engine Urge Holdings in a deal the installment payments startup hopes will boost sales for its retail partners and give...

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Report: DOJ Clears Uber’s $2.65B Postmates Acquisition
Report: DOJ Clears Uber’s $2.65B Postmates Acquisition
November 10, 2020  |  Partnerships / Acquisitions

The U.S. Justice Department has cleared rideshare king Uber’s acquisition of food delivery company Postmates, online news outlet Axios reported, citing a source familiar with the...

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VF Corporation To Buy Streetwear Brand Supreme
VF Corporation To Buy Streetwear Brand Supreme
November 09, 2020  |  Retail

VF Corporation and streetwear brand Supreme have inked a merger agreement, while Goode Partners and The Carlyle Group are selling their investments in the Supreme...

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Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale
Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale
November 08, 2020  |  Legal

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 billion asset sale deal with Reliance Industries and has challenged the...

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With Argentina’s Economy Slumping, Walmart Sells Stores To Grupo de Narváez
With Argentina’s Economy Slumping, Walmart Sells Stores To Grupo de Narváez
November 06, 2020  |  Walmart

Walmart is leaving Argentina, announcing a deal to sell its stores there to a regional grocery chain amid an economic crisis that is gripping the...

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