acquisitions

Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
March 07, 2024  |  Acquisitions

Before Capital One acquired Discover Financial last month, J.P. Morgan Chase reportedly considered its own bid. The country’s largest bank spent roughly a year exploring...

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Report: Tripadvisor Considering Takeover Bid From Apollo Global Management
Report: Tripadvisor Considering Takeover Bid From Apollo Global Management
March 06, 2024  |  Acquisitions

Tripadvisor is reportedly considering a takeover bid from Apollo Global Management. The travel information service has been working with advisers to consider any takeover interest since last...

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Deel to Acquire Africa-Focused Payroll Firm PaySpace
Deel to Acquire Africa-Focused Payroll Firm PaySpace
March 05, 2024  |  Acquisitions

Hiring and payroll platform Deel is set to acquire payroll and HR firm PaySpace. “Our team looked at many global payroll players, and PaySpace emerged as the best of the...

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Razor Group Acquires Perch, Consolidating Two Online Brand Aggregators
Razor Group Acquires Perch, Consolidating Two Online Brand Aggregators
March 04, 2024  |  Acquisitions

Razor Group has acquired Perch in a deal that consolidates two online brand aggregators. Following this acquisition, Razor Group now operates a catalog of 40,000 products...

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Advocacy Groups Call for Regulatory Scrutiny of Walmart’s Vizio Acquisition
Advocacy Groups Call for Regulatory Scrutiny of Walmart’s Vizio Acquisition
March 04, 2024  |  Acquisitions

Several privacy and antitrust groups are reportedly calling for rigorous regulatory scrutiny of Walmart’s planned $2.3 billion acquisition of smart television maker Vizio. The collection of 19...

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Synchrony Finalizes $2.2 Billion Ally Lending Acquisition
Synchrony Finalizes $2.2 Billion Ally Lending Acquisition
March 04, 2024  |  Acquisitions

Synchrony has completed its purchase of Ally Lending, Ally Financial’s point-of-sale (POS) financing business. The deal, first announced in January, includes $2.2 billion of loan receivables and a loan portfolio...

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Thredd’s McCarthy: Capital One-Discover Deal Will Transcend Market Share Grab
Thredd’s McCarthy: Capital One-Discover Deal Will Transcend Market Share Grab
February 29, 2024  |  Acquisitions

The news that Capital One has launched a $35 billion bid to acquire Discover Financial has shaken up the financial services industry. Jim McCarthy, CEO...

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Report: Fiserv a Top Contender to Acquire Shift4 Payments
Report: Fiserv a Top Contender to Acquire Shift4 Payments
February 28, 2024  |  Acquisitions

Fiserv and Amadeus IT Group are reportedly competing to acquire Shift4 Payments, which has been running a sale process. The two main contenders are preparing...

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Capital One Says Repair of Discover’s Regulatory Challenges a ‘Big Undertaking’
Capital One Says Repair of Discover’s Regulatory Challenges a ‘Big Undertaking’
February 27, 2024  |  Regulation

Capital One expects the process of fixing Discover Financial’s regulatory challenges to be long and expensive. “These can be very big undertakings,” Capital One CEO Richard Fairbank said Tuesday...

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