acquisitions

Uber’s Offer For Daimler/BMW’s Free Now Tops €1B
Uber’s Offer For Daimler/BMW’s Free Now Tops €1B
October 21, 2020  |  Ridesharing

The deal for Uber’s €1 billion-plus offer to buy Daimler/BMW’s Free Now is up in the air due to BMW’s hesitation, according to a Wednesday...

READ MORE >
VersaPay, Solupay Merge To Create Collaborative AR/AP Payments Network
VersaPay, Solupay Merge To Create Collaborative AR/AP Payments Network
October 20, 2020  |  Payment Methods

Information gaps.  Asynchrony.  Paper checks and paper invoices.  Suppliers have payment preferences, buyers are reticent to grant them. Get the Full Story Complete the form to unlock this...

READ MORE >
Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
October 19, 2020  |  Partnerships / Acquisitions

In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail...

READ MORE >
First Citizens, CIT Group Merger Will Create $100B Bank
First Citizens, CIT Group Merger Will Create $100B Bank
October 16, 2020  |  Partnerships / Acquisitions

An approximate $2.2 billion all-stock merger deal between First Citizens and CIT Group will result in the creation of the 19th biggest U.S. bank, with over...

READ MORE >
SoftBank Steps Up Pressure For Grab, Gojek Deal
SoftBank Steps Up Pressure For Grab, Gojek Deal
October 15, 2020  |  Partnerships / Acquisitions

Masayoshi Son, founder of SoftBank, is trying to forge a truce between rivals Grab and Gojek so the two companies can continue negotiating an acquisition,...

READ MORE >
Walmart Chief Says TikTok Will Accelerate New Ways To Shop
Walmart Chief Says TikTok Will Accelerate New Ways To Shop
October 15, 2020  |  Social Commerce

The growth of social shopping is driving the world’s biggest retailer to go after a piece of TikTok, Walmart CEO Doug McMillon told CNBC on...

READ MORE >
Stripe To Acquire African Payments Processor Paystack
Stripe To Acquire African Payments Processor Paystack
October 15, 2020  |  Partnerships / Acquisitions

Stripe is acquiring Paystack, a company that says it processes more than half of online payments in Nigeria. Get the Full Story Complete the form...

READ MORE >
GenNx360 Acquires B2B Industrial, AMW Packaging
GenNx360 Acquires B2B Industrial, AMW Packaging
October 11, 2020  |  B2B Payments

New York private equity firm GenNx360 Capital Partners has acquired B2B Industrial and the assets of AMW Packaging Supply, which will give the company a...

READ MORE >
Paynetics Agrees To Acquire Some Wirecard UK, Ireland Assets
Paynetics Agrees To Acquire Some Wirecard UK, Ireland Assets
October 11, 2020  |  B2B Payments

Bulgaria’s Paynetics said it has agreed to acquire “some of” the England and Ireland assets of disgraced Wirecard, according to an announcement on its website....

READ MORE >