mergers

Regional Banks Pursue Mergers and Acquisitions to Enhance Competitiveness
Regional Banks Pursue Mergers and Acquisitions to Enhance Competitiveness
August 19, 2024  |  Acquisitions

Regional banks in the United States are reportedly actively pursuing mergers and acquisitions to strengthen their balance sheets and enhance their competitiveness in the face...

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EQT to Acquire Southeast Asian PropTech PropertyGuru
EQT to Acquire Southeast Asian PropTech PropertyGuru
August 16, 2024  |  Acquisitions

Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an...

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Kroger Promises Product Price Cuts If Albertsons Merger Approved
Kroger Promises Product Price Cuts If Albertsons Merger Approved
August 15, 2024  |  Retail

Kroger has reportedly doubled the value of price cuts it has committed to making if its merger with Albertsons goes through. The grocery store operator...

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CFIUS Fines T-Mobile $60 Million, Alleging Failure to Protect Data
CFIUS Fines T-Mobile $60 Million, Alleging Failure to Protect Data
August 15, 2024  |  Regulation

Telecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company failed to prevent and report unauthorized access to sensitive data....

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Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
August 05, 2024  |  Retail

Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. The luxury retailer, which last month announced it was merging with Neiman Marcus, has missed payments to dozens of...

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Crypto Company Fold Set to Go Public in SPAC Merger
Crypto Company Fold Set to Go Public in SPAC Merger
July 24, 2024  |  Cryptocurrency

Fold, which describes itself as a “bitcoin financial services company” is set to go public. The company plans to list on Nasdaq after merging with...

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Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
July 19, 2024  |  Acquisitions

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Waters, the top Democrat on the House Financial Services Committee (HFSC), testified...

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Saks eCommerce Chief: Amazon Can Boost Success of Neiman Merger
Saks eCommerce Chief: Amazon Can Boost Success of Neiman Merger
July 05, 2024  |  Retail

When Saks Fifth Avenue and Neiman Marcus merge, Amazon’s tech will help them thrive. That’s according to Marc Metrick, CEO of Saks’ online operations, speaking to Bloomberg News Thursday (July 4). This was one...

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FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
June 21, 2024  |  Bank Regulation

Last year marked a seismic shift in financial services — as five bank failures tested the ways and means at the disposal of government and...

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