acquisitions

Snap Buys AR Displays Supplier WaveOptics For Over $500 Million

Snap Buys AR Displays Supplier WaveOptics For Over $500 Million
Snap Buys AR Displays Supplier WaveOptics For Over $500 Million
May 21, 2021  |  Acquiring

Social media company Snap is buying WaveOptics, which provides augmented reality (AR) displays, for more than $500 million. The Verge reported on Friday (May 21)...

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Triterras Finalizes Purchase Of Trade Finance Firm Invoice Bazaar
Triterras Finalizes Purchase Of Trade Finance Firm Invoice Bazaar
May 18, 2021  |  B2B Payments

Singapore-based Triterras, Inc., which works in trade and trade finance, has finalized its acquisition of Dubai-based Invoice Bazaar. The deal could face “customary closing conditions,”...

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Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The CrownX
Alibaba Consortium Acquires 5.5 Pct Stake In Masan Group’s The CrownX
May 18, 2021  |  Partnerships / Acquisitions

A consortium led by China’s Alibaba and Baring Private Equity Asia has acquired a 5.5 percent stake in Vietnam’s Masan Group’s consumer-retail platform The CrownX...

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Amazon Could Make $9 Billion Bid For MGM Acquisition
Amazon Could Make $9 Billion Bid For MGM Acquisition
May 18, 2021  |  Amazon Entertainment

Amazon is reportedly in talks with Metro Goldwyn Mayer (MGM) on an acquisition deal that could be as much as $9 billion, Financial Times (FT)...

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FTC Casts Doubt Over 7-Eleven’s Purchase Of 3,800 Speedway Stores After Deal Closes
FTC Casts Doubt Over 7-Eleven’s Purchase Of 3,800 Speedway Stores After Deal Closes
May 17, 2021  |  Retail

A massive deal in the convenience store industry has been thrown into doubt after the Federal Trade Commission called 7-Eleven’s purchase of 3,800 Speedway stores...

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AT&T’s Media Group, Discovery In Merger Talks, Report Says
AT&T’s Media Group, Discovery In Merger Talks, Report Says
May 16, 2021  |  Partnerships / Acquisitions

AT&T might spin off its media business to merge it with Discovery, according to Bloomberg. Get the Full Story Complete the form to unlock this...

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Green Dot To Buy Republic Bank’s Tax Refund Business For $165 Million
Green Dot To Buy Republic Bank’s Tax Refund Business For $165 Million
May 14, 2021  |  Partnerships / Acquisitions

Green Dot Corporation will buy the “assets and operations” of Republic Bank & Trust Company’s Tax Refund Solutions (TRS) business segment under an agreement between...

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PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
PPP Loan Distribution, Cryptocurrency, Online Ordering Top This Week’s News
May 14, 2021  |  The Weekender

In this week’s news, we saw a report that the Justice Department is conducting a civil probe into whether some FinTechs distributing Payroll Protection Program...

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General Mills To Buy Tyson Pet Treats Division For $1.2 Billion
General Mills To Buy Tyson Pet Treats Division For $1.2 Billion
May 14, 2021  |  Partnerships / Acquisitions

General Mills is purchasing Tyson Foods’ pet treats division for $1.2 billion as the food giant bulks up its pet-related offerings in an era of...

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