acquisitions

Costco Pays $1B To Sears Owner For Logistics Co Innovel
Costco Pays $1B To Sears Owner For Logistics Co Innovel
March 17, 2020  |  Retail

Costco has announced the purchase of logistics company Innovel Solutions, which was owned by Sears parent company Transform Holdco, according to a report by The...

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Goldman Sachs Eyes Acquisitions To Boost Existing Businesses
Goldman Sachs Eyes Acquisitions To Boost Existing Businesses
March 10, 2020  |  Partnerships / Acquisitions

Stephen Scherr, the chief financial officer for Goldman Sachs, spoke at the Wolfe Research FinTech Forum on Tuesday (March 10) and mentioned that the bank...

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Intuit Eyes Buying Credit Sesame, NerdWallet And Finicity
Intuit Eyes Buying Credit Sesame, NerdWallet And Finicity
March 09, 2020  |  Acquiring

Intuit, the tax software company best known as being the enterprise behind QuickBooks and TurboTax, is looking into acquiring FinTech Finicity, according to reports. Intuit...

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Treasury APIs, BNPL And Robinhood’s Outage Top This Week’s News
Treasury APIs, BNPL And Robinhood’s Outage Top This Week’s News
March 06, 2020  |  The Weekender

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Lacoste Apparel Firm Looks To Expand Its Brand Family
Lacoste Apparel Firm Looks To Expand Its Brand Family
March 05, 2020  |  Retail

After experiencing a stretch of formidable growth, the Swiss family behind Lacoste, the apparel firm, is looking for acquisitions to bolster its “affordable luxury” and...

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TCC Group Bids For Tesco’s Asia Stores
TCC Group Bids For Tesco’s Asia Stores
March 02, 2020  |  Retail

To purchase the Asian assets of U.K. grocer Tesco, Charoen Sirivadhanabhakdi, one of the wealthiest men in Thailand, has obtained almost $10 billion in financing...

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WeWork Gets Higher Bid For Management Startup Than Its Co-founder
WeWork Gets Higher Bid For Management Startup Than Its Co-founder
March 01, 2020  |  Partnerships / Acquisitions

Managed by Q co-founder Dan Teran was in talks to buy his company back from WeWork — which the office-sharing firm acquired in April 2019...

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Morgan Stanley Looks To Add To Asset Management Unit, CFO Says
Morgan Stanley Looks To Add To Asset Management Unit, CFO Says
February 28, 2020  |  Partnerships / Acquisitions

Morgan Stanley‘s acquisition of electronic trading platform E-Trade may not have satiated its appetite for deals, the company said, according to Bloomberg. The bank plans...

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LendingClub Hires Uber’s Annie Armstrong As Chief Risk Officer
LendingClub Hires Uber’s Annie Armstrong As Chief Risk Officer
February 27, 2020  |  Personnel

LendingClub announced on Wednesday (Feb. 26) its new Chief Risk Officer Annie Armstrong, who has decades of experience in risk management for financial service companies. Current...

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