mergers

First Citizens, CIT Group Merger Will Create $100B Bank

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 >
No Deal For Russia’s Yandex Merger With Tinkoff Group
No Deal For Russia’s Yandex Merger With Tinkoff Group
October 16, 2020  |  International

Russian search giant Yandex said in a statement on Friday (Oct. 16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart.  Get the...

READ MORE >
Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A
Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A
October 02, 2020  |  Partnerships / Acquisitions

The mergers and acquisitions, the deal-making, the funding and IPOs among payments players may be just getting started. Get the Full Story Complete the form...

READ MORE >
Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions
Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions
September 27, 2020  |  B2B Payments

Lightyear Capital, the New York-based private equity firm working in the fields of financial services, has established ProfitSolv to acquire integrated solutions for billing, payments and...

READ MORE >
CaixaBank, Bankia Merger Could Create Spain’s Largest Financial Institution
CaixaBank, Bankia Merger Could Create Spain’s Largest Financial Institution
September 18, 2020  |  Partnerships / Acquisitions

CaixaBank and Bankia announced on Friday (Sept. 18) that they are merging in a deal that, if approved by regulators and shareholders, will create the...

READ MORE >
Walmart, Oracle Stake Could Push TikTok Into Majority US Ownership
Walmart, Oracle Stake Could Push TikTok Into Majority US Ownership
September 18, 2020  |  Partnerships / Acquisitions

Backers of a new group vying to buy the U.S. operations for TikTok want to craft an agreement giving U.S. interests a majority stake in...

READ MORE >
Spain’s Bankia, CaixaBank Talk Merger
Spain’s Bankia, CaixaBank Talk Merger
September 04, 2020  |  Banking

Two of Spain’s big banks could become one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >
Boxed Looks For Buyers
Boxed Looks For Buyers
September 01, 2020  |  Retail

Boxed, the U.S. online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Get the Full Story Complete the form to...

READ MORE >
Cornerstone To Buy FXPress, Boost SMB Payment Services
Cornerstone To Buy FXPress, Boost SMB Payment Services
September 01, 2020  |  B2B Payments

Cornerstone Brands plans to acquire payments processor FXPress in a deal that also includes a sale of the existing Cornerstone business and restructuring of capital,...

READ MORE >