December 5, 2022
Via: Payments DiveCantaloupe provides digital payments and related software for self-service commerce, including all types of vending machines. The acquisition of 32M comes just months after Cantaloupe promoted its former chief operating officer, Ravi Venkatesan, to the CEO post in October, following […]
October 11, 2022
Via: Joseph SaundersSince its inception, the global pandemic has continued to have a long-lasting impact on how we buy, work, and also how our businesses operate. As such, user behaviour has naturally evolved, leading to developments in customer experience (CX) to meet […]
May 5, 2022
Via: Education DiveThe regulatory environment for higher education has been growing stricter under President Joe Biden’s administration, with many changes at the federal level putting pressure on for-profit institutions. Earlier this year, the U.S. Department of Education unveiled a policy making private […]
January 18, 2022
Via: Markets InsiderMicrosoft is buying Activision, the major video game publisher behind the “Call of Duty” franchise, in an all-cash deal valued at around $68.7 billion. It’s Microsoft’s largest ever acquisition, and the largest video game acquisition in history. The price values […]
Finance Tech, Mobile Banking & Payments
January 5, 2022
Via: Payments DiveThe payments industry last year racked up more than $50 billion in deals worldwide, making it one of the busiest years ever for deal-making, according to two firms that tracked the acquisition activity. The merger and acquisition data firm Dealogic […]
December 20, 2021
Via: TechRadarOracle has confirmed a $28.3bn deal to buy healthcare tech firm Cerner. Following initial reports suggesting an acquisition was imminent, both companies have now confirmed the news, which at $95 a share is Oracle’s biggest ever deal. Cerner, which specializes […]
Enterprise, Finance Tech, Industries, Trading
October 25, 2021
Via: Markets InsiderA rumored merger between PayPal and Pinterest is no longer under consideration, and the two stocks are moving in opposite directions following the news. “In response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that […]
Finance Tech, Mobile Banking & Payments
September 20, 2021
Via: Payments DiveThe buying spree for the payments industry continued last week with two more deals that demonstrate the industry is continuing to buy up rivals and startups to drive growth. Fresh off of raising $300 million in new venture capital, the […]
July 12, 2021
Via: TheStreetState Auto Financial (STFC) – Get Report shares on Monday went gangbusters after the auto insurer agreed to be acquired by insurer Liberty Mutual for $52 a share. That would value State Auto, Columbus, Ohio, at about $2.3 billion, judging […]
Industries, Retail & Wholesale
October 29, 2020
Via: ABC NewsThe largest deal in luxury is back on after New York’s famed jeweler Tiffany agreed to a slightly reduced offering price from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at […]
August 18, 2020
Via: FortuneOracle Corp. is weighing a potential bid for part of TikTok’s business, seeking to rival Microsoft Corp. in the race to acquire the viral video streaming app, according to people familiar with the matter. The company controlled by billionaire Larry […]
April 20, 2020
Via: Market WatchAs COVID-19 turns the global economy upside down, many corporations are rethinking their tech spending for the year, but International Business Machines Corp. doesn’t seem to be changing its plans. IBM IBM, +3.79% is focused on integrating its huge Red […]
March 6, 2017
Via: FortuneGeneral Motors (GM, +1.24%) announced Monday it will be selling its European division to French carmaker PSA Group (PEUGEOT.S-A) for $2.33 billion ( € 2.2 billion), reports the BBC. The deal, first reported Friday, will see GM’s European brands Opel […]
February 2, 2017
Via: FortuneFinnish network equipment maker Nokia (NOK, +1.55%) reported on Thursday a better-than-expected quarterly profit, as acquisition of Franco-American Alcatel-Lucent (ALALF) and cost cuts helped it in the tough networks market. Nokia and its rivals, Sweden’s Ericsson (ERICSSON.LM) and China’s Huawei […]
January 10, 2017
Via: FortuneFrench cosmetics group L’Oreal (LRLCY) is acquiring three specialized skincare brands – CeraVe, AcneFree and Ambi – from Canada’s Valeant Pharmaceuticals International (VRX) for $1.3 billion in cash to expand into one of the fastest growing areas of the beauty […]
December 8, 2016
Via: CNBCAbbott Laboratories said on Wednesday that it had moved to terminate its proposed acquisition of Alere, citing a “substantial loss” in the value of the diagnostics company since they struck a deal 10 months back. Alere’s shares tumbled 8 percent, […]
November 15, 2016
Via: CNBCShares of Anheuser-Busch InBev ended Monday down 1.85 percent on a report that the brewer might have its eyes on U.S. beverage giant Coca-Cola for its next acquisition. InBev, the world’s largest brewer, already completed a $107 billion purchase of […]
October 24, 2016
Via: FortuneThe first rule of mergers is don’t do a deal with Time Warner. The second rule, as they say, is that there is only one rule. On Saturday, AT&T T -4.92% broke that rule, announcing it was going to buy […]
September 28, 2016
Via: CNBCRice Energy shares shed more than 7 percent on Tuesday after announcing it will buy Vantage Energy for about $2.7 billion, including debt. The company reported it will pay about $1.02 billion in cash and will assume $700 million in […]
August 23, 2016
Via: TimePfizer Inc said on Monday it would buy U.S. cancer drug company Medivation Inc in a deal valued at about $14 billion to boost its oncology portfolio. Pfizer will offer Medivation shareholders $81.50 per share in cash, a substantial premium […]