acquisitions

Activist Investor Starboard Mulls ACI As Potential M&A Prey

Activist Investor Starboard Mulls ACI As Potential M&A Prey
Activist Investor Starboard Mulls ACI As Potential M&A Prey
October 23, 2020  |  Partnerships / Acquisitions

Activist investor Starboard Value already has 10.5 million shares — a 9 percent stake — in payments giant ACI Worldwide but is now eyeing the...

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Investors Say FinTech Valuations Are High, But Not Overheated
Investors Say FinTech Valuations Are High, But Not Overheated
October 22, 2020  |  B2B Payments

To see where the great digital shift that is transforming financial services is headed… Get the Full Story Complete the form to unlock this article...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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