merger

Regulators Green Light BB&T, SunTrust Merger To Form Truist
Regulators Green Light BB&T, SunTrust Merger To Form Truist
November 20, 2019  |  Regulation

BB&T and SunTrust have announced that they have received regulatory approval to complete their merger to become Truist Financial Corporation. The merger is expected to...

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SoftBank To Hold 50 Pct. Of Yahoo Japan/LINE JV
SoftBank To Hold 50 Pct. Of Yahoo Japan/LINE JV
November 18, 2019  |  Partnerships / Acquisitions

SoftBank’s Yahoo! Japan is merging with Naver Corp’s Japanese messaging app LINE in a deal that will give each company a 50 percent stake, The...

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Takeaway CEO Won’t Outbid Rival Prosus For Just Eat Merger
Takeaway CEO Won’t Outbid Rival Prosus For Just Eat Merger
November 14, 2019  |  Acquiring

Takeaway.com’s CEO said his company isn’t ready to outbid its rival on a merger with the UK’s Just Eat. Amsterdam’s Takeaway and Just Eat had...

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LINE App, Yahoo Japan Plan Merger
LINE App, Yahoo Japan Plan Merger
November 13, 2019  |  Partnerships / Acquisitions

Yahoo site operators in Japan and messaging app LINE are looking to merge into a “super app” that would combine retail, finance and a slew...

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CYBG Officially Renamed As Virgin Money UK
CYBG Officially Renamed As Virgin Money UK
November 01, 2019  |  B2B Payments

British financial institution CYBG was bought by Virgin over a year ago, and on Thursday (Oct. 31), it was renamed Virgin Money UK. The Financial...

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Just Eat Rejects $6B Buyout Bid From Prosus
Just Eat Rejects $6B Buyout Bid From Prosus
October 23, 2019  |  Delivery

London food delivery service Just Eat turned down a $6.2 billion offer from Amsterdam investment firm Prosus, the Associated Press (AP) reported on Tuesday (Oct....

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Naspers Makes £4.9B Bid For Just Eat
Naspers Makes £4.9B Bid For Just Eat
October 22, 2019  |  Retail

With a hostile £4.9bn offer for the United Kingdom’s Just Eat, South African tech conglomerate Naspers has aimed to gate-crash a merger of two of the...

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SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
October 17, 2019  |  Earnings

SunTrust Banks Inc. reported results on Thursday (Oct. 17) that surpassed revenue expectations but fell in line with analysts’ earnings estimates for the third quarter. But...

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Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
October 17, 2019  |  Earnings

BB&T Corp., ahead of its planned buy of SunTrust banks, posted results that beat expectations and showed a slight decrease in non-performing assets. In terms...

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