mergers

PayTabs Set to Acquire Saudi Arabia’s Digital Pay
PayTabs Set to Acquire Saudi Arabia’s Digital Pay
November 01, 2022  |  Acquisitions

PayTabs, a Saudi-based payments company focused on the Middle East, Africa and South Asia (MEASA) market, has announced that it intends to acquire Saudi Arabian...

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EU Approves Merger of Nordic Mobile Payments Firms MobilePay, Vipps
EU Approves Merger of Nordic Mobile Payments Firms MobilePay, Vipps
October 21, 2022  |  emea

Denmark-based digital payments app MobilePay has announced that the EU Commission has approved its merger with Norway-based smartphone digital payments app Vipps.  The new group...

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Buy vs. Build: EU Banks’ Foray Into BNPL Gathers Steam
Buy vs. Build: EU Banks’ Foray Into BNPL Gathers Steam
October 21, 2022  |  BNPL

At the start of the year, Matt Norton, Santander Bank North America’s head of point of sale lending, told PYMNTS that banks were increasingly eyeing...

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OCC Says US Bancorp Can Buy MUFG Union Bank
OCC Says US Bancorp Can Buy MUFG Union Bank
October 14, 2022  |  Bank Regulation

The merger of San Francisco-based MUFG Union Bank, National Association into U.S. Bank, National Association has been conditionally approved by the Office of the Comptroller...

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$25B Kroger-Albertsons Merger Deal Could Spin Off 400 Stores
$25B Kroger-Albertsons Merger Deal Could Spin Off 400 Stores
October 14, 2022  |  Acquisitions

A $25 billion merger deal was struck between two of the biggest supermarket chains in the country, a move anticipated to force the divestiture of...

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Kroger-Albertsons Merger Creates Pickup and Delivery Powerhouse
Kroger-Albertsons Merger Creates Pickup and Delivery Powerhouse
October 14, 2022  |  Retail

On Friday (Oct. 14), Kroger, the United States’ leading pure-play grocer, announced its merger with Albertsons in a $24.6 billion deal, adding the latter’s 2,273...

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Supermarkets Kroger, Albertsons Could Combine
Supermarkets Kroger, Albertsons Could Combine
October 13, 2022  |  Retail

Two of the country’s biggest supermarket chains, Albertsons and Kroger, are reportedly in talks to merge in a deal that could have a potential market...

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Kroger, Albertsons Reportedly in Talks to Join Forces Against Walmart
Kroger, Albertsons Reportedly in Talks to Join Forces Against Walmart
October 13, 2022  |  Retail

In the fight for share of stomach, the leading pure-play grocers are teaming up against mega-retailers. The Kroger Co., the largest pure-play grocery retailer in...

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Report: M&A Value at Lowest Level Since 2009
Report: M&A Value at Lowest Level Since 2009
October 10, 2022  |  Acquisitions

Steep inflation, a volatile market and rising interest rates have led many companies to put their acquisition plans on hold. The value of worldwide mergers...

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