Sections
merger
-
805BankingCommerzbank Keeps Open Mind On M&A
Even though a potential merger with Deutsche Bank fell through, Commerzbank CEO Martin Zielke said he’s still open to the possibility of...
-
1.7KPartnerships / AcquisitionsStartups Merge To Take On Airbnb
A group of four short-term stay startups in Europe have teamed up to create a new company and take on leader Airbnb....
-
4.3KPartnerships / AcquisitionsPost-Merger, NXGEN And Payscape Eye SMBs’ Digital Shifts
The path to the payments deal started about three or four years ago when Adam Bloomston, CEO of Payscape, and Thomas Nitopi,...
-
1.7KPartnerships / AcquisitionsDeutsche Bank And Commerzbank Call Off Deal Talks
Commerzbank and Deutsche Bank announced Thursday (April 25) that they have ended talks about a combination. In a statement on its Website,...
-
7.1KPartnerships / AcquisitionsDOJ Asks First Data, Fiserv For Additional Docs
The Department of Justice has requested more information from First Data and Fiserv ahead of the pending merger of the two payment...
-
4.5KPartnerships / AcquisitionsFirst Data Buys German Cashless Tech Co ayCash
First Data, a commerce-enabling FinTech company, has acquired ayCash, a company that specializes in cashless payment terminals and merchant services in the...
-
13.8KPartnerships / AcquisitionsFIS Buys Worldpay In $35B Cash, Stock Deal
Fidelity Information Services (FIS), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay, the global eCommerce...
-
3.9KPartnerships / AcquisitionsDeutsche Bank, Commerzbank Confirm Merger Talks
Deutsche Bank confirmed on Sunday (March 17) that it’s in talks with Commerzbank about a deal. In a memo from Deutsche Bank Chief...
-
4.8KRetailJudge: Rent-A-Center Doesn’t Have To Complete Merger
A judge has ruled that Rent-A-Center will not have to complete a $1.37 billion merger by Vintage Capital Management, and that the...
-
5.5KBankingDeutsche Bank, Commerzbank Ramp Up Merger Talks
Deutsche Bank and Commerzbank seem to be getting closer to a merger as informal talks between the two are heating up. Citing...
-
3.0KPartnerships / AcquisitionsCorelle Moves On Instant Pot Merger To Woo Millennials
Corelle Brands has been around for a while — like 100 years. And surely, you have seen its signature products, likely in...
-
5.1KPartnerships / AcquisitionsCertify Merges With Chrome River In $1B Deal
Certify and Chrome River Technologies, two leading travel, expense and invoice management software companies, have announced a $1 billion merger. In a press...
-
3.8KPartnerships / AcquisitionsFed Promises Thorough Scrutiny Of BB&T’s SunTrust Buy
The Federal Reserve Chairman has vowed that U.S. regulators will conduct a “thorough” review of BB&T Corp.’s planned merger with its rival...
-
4.2KAmazonAmazon China May Be Eyeing NetEase Merger
Amazon could be looking into merging its China unit with eCommerce platform Kaola, which is owned by NetEase, according to a report...
-
2.6KBankingDeutsche Burdened By High Interest Rate Payments
Deutsche Bank is now paying the highest financing rates on the euro debt market as compared to other major financial institutions, which...
-
3.9KPartnerships / AcquisitionsEarthport Bidding War Heats Up As Visa Ups The Ante
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating...
- 3.2KPartnerships / Acquisitions
BB&T, SunTrust Announce ‘Merger Of Equals’ To Create Sixth-Largest US Bank
Two of the nation’s largest regional banks – Winston-Salem N.C.-headquartered BB&T and Atlanta-based SunTrust – are joining forces in a bid to...
-
4.0KPartnerships / AcquisitionsBB&T And SunTrust To Merge
SunTrust Banks Inc. (STI) and BB&T Corp. (BBT) announced a $66 billion merger Thursday (February 7), combining the two regional banks. In...
-
4.9KPoint of SaleNew Square Card Promises Instant Funds To SMBs
You know your stature by the enemies you make, right? That’s the old saying at least. Well, “enemy” might be too strong...
-
3.5KGlobal PaymentsWirecard, Ctrip Roll Out Multi-Currency Card; Missguided Launches ‘Pay Later’ Option
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of Wirecard and Ctrip’s...
-
3.9KPartnerships / AcquisitionsCloudera And Hortonworks Merge To Take On Amazon
Data software companies Cloudera and Hortonworks have combined to take on Amazon, according to a report from CNBC. Both companies were rivals...
-
4.3KSecurity & FraudSenators Call For Deutsche Investigation
Two senators are calling for a banking committee investigation of Deutsche Bank’s compliance with U.S. safeguards against money laundering. According to Bloomberg,...
-
4.5KBankingGermany Pushes For Commerzbank, Deutsche Merger
The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. According to Bloomberg, sources have revealed...
-
3.1KPartnerships / AcquisitionsBoku Buys ID Authentication Co. Danal For $68M
Boku, a company that lets users charge smartphone purchases to their bills from companies like Apple, Microsoft and Spotify, among others, has...
-
2.9KData DiveData Dive, New Starts Edition: Overstock, Sears And iZettle’s Next Steps
As of today, there are 28 days left in the year (and 22 shopping days left till Christmas), meaning themes of “out...
-
2.9KB2B PaymentsSingapore Alt-Lender Merges With eProcurement Platform
Two Singapore-based FinTechs are combining their services to create a unified supply chain financing tool. Reports in Vulcan Post on Thursday (Nov....
-
4.3KB2B PaymentsVirgin Money Buyout By CYBG Receives All-Clear
A court hearing late last week gave the all-clear for CYBG to complete its acquisition of Virgin Money for $2.24 billion, finalizing...
- 2.6KPartnerships / Acquisitions
For SiriusXM, Pandora Or Pandora’s Box?
It’s been said that you never set foot in the same river twice. Or stream, for that matter – and let’s extend...
-
1.8KRidesharingSingapore Regulator Slaps Grab And Uber With Fines
Grab and Uber, the Singapore ride-hailing companies, were slapped with fines and restrictions after regulators concluded the merger between the two has...
-
5.1KPartnerships / AcquisitionsEuropean Commission Looking Into Thales’ Proposed Acquisition Of Gemalto
Gemalto, the digital security company that is being acquired by Thales, the French aerospace and defense company, will see the European Commission...
-
6.5KRetailEddie Bauer And Pacific Sunwear Combined In New Operating Company
After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California, the private equity firm...
-
3.4KBankingMeta Financial, Crestmark Bancorp Announce Merger
Following special meetings on May 29, shareholders of Meta Financial Group, Inc. and Crestmark Bancorp, Inc. approved a plan of merger between the...
-
6.3KRetailGolden Gate Capital Considers Merging Eddie Bauer And Pacific Sunwear
The parent company of Eddie Bauer and Pacific Sunwear of California is considering a merger of the two retailers in an effort...
-
3.7KPartnerships / AcquisitionsFifth Third Bancorp And MB Financial Merge In $4.7B Deal
Fifth Third Bancorp and MB Financial announced news on Monday (May 21) that the two have inked a merger agreement in which...
-
3.3KPartnerships / AcquisitionsWalmart UK And Sainsbury On Verge Of $10B Merger Deal
Sainsbury, the U.K. grocery store operator, and its rival Asda, which is owned by Walmart, are holding discussions about a merger that...
-
2.7KPartnerships / AcquisitionsT-Mobile And Sprint Finalize $25B Merger
Sprint and T-Mobile have agreed on a $26 billion merger — the third time that the two companies have tried to combine...
-
8.0KPartnerships / AcquisitionsMore Than A Merger: The Finablr Vision
Portmanteau: /noun/ A word that blends the sounds and meanings of two other words, such as “motel” (motor and hotel), “brunch” (breakfast...
-
4.0KDeliveryPostmates And DoorDash Considering Teaming Together
Two of the largest restaurant delivery startups in the U.S. are considering a merger in an attempt to take on their biggest...
-
3.4KData DiveSpring Speculation Has Sprung: Walmart, Amazon, Trump And Target
Spring, after a long delay, has arrived. It seems to have (mostly) stopped snowing, the April Fools’ Day Easter baskets have been put...
-
7.7KRetailTarget And Kroger Refute Merger Rumors
Despite rumors that the two were merging – and shares for both companies surging on Friday as a result – a source...
-
3.2KPartnerships / AcquisitionsUrban FT Acquires Digiliti
Urban FT Group has announced it is acquiring the business and certain assets of Digiliti Money, which was formerly known as Cachet...
-
6.8KPartnerships / AcquisitionsLendingPoint’s LoanHero Acquisition To Expand Credit Options For 145M Consumers
Although the news about LendingPoint’s decision to formally acquire LoanHero is made public today for the very first time, the conversation between the two firms about...
-
4.1KPartnerships / AcquisitionsUber and Yandex Merger Gets Nod From Russian Regulators
Uber and Yandex’s ride-sharing businesses got the nod on Friday (Nov. 24) to merge operations in Russia. Reuters reported that Russia’s Federal...
-
5.3KB2B PaymentsUniCredit Interested In Buying Commerzbank AG
UniCredit and Commerzbank AG are no strangers, but now reports say the two financial services institutions may take their relationship in a...
-
5.1KBankingJPMorgan Launches Disruptive Commerce Group
With a growing number of traditional retailers boosting their digital investments, JPMorgan has announced news of the creation of a disruptive commerce...
- Retail
Amazon/Whole Foods Merger Still Shrouded In Mystery
Though Amazon is still playing mum about its plans for Whole Foods (should the deal be approved by U.S. regulators), its quarterly...
-
3.2KRetailOffice Depot In Talks To Take Over Staples
The rumor mill is churning and, as of today (July 31), there have been futher talks of Office Depot potentially engulfing Staples‘ brick-and-mortar locations....
-
3.8KRidesharingUber And Yandex To Create New Company In Russia
Uber announced Thursday (July 13) that it is teaming up with Yandex to create a new company that combines its Rides and...
-
4.3KSizzle/FizzleAmazon Sizzles, Apple Fizzles And A High Profile Merger Fizzle Before It Starts
Some partnerships seemed destined, perhaps even written in the stars — Romeo & Juliet, Tony & Maria or (of course) Kimye are all...
- 4.2KPartnerships / Acquisitions
Worldpay Agrees to $9.9B Merger with Vantiv
Vantiv in, JPMorgan out. In a swift denouement to merger speculation that Worldpay, the biggest payment processing firm in the United Kingdom,...
