acquisitions

Sycamore Partners Drops Ted Baker Buyout Pursuit
Sycamore Partners Drops Ted Baker Buyout Pursuit
May 23, 2022  |  Retail

The board of British fashion retailer Ted Baker has narrowed its choices for the company to which it plans to sell the brand, less than...

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PYMNTS AM Radar: MatchMove Buys Shopmatic, Hospitality in Virtual Kitchens
PYMNTS AM Radar: MatchMove Buys Shopmatic, Hospitality in Virtual Kitchens
May 23, 2022  |  Investments

Today is May 23. It’s Victoria Day in Canada. A holiday originally meant to mark the birthday of Queen Victoria, it now serves as a...

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FinTech MatchMove Pay Buys eCommerce Startup Shopmatic
FinTech MatchMove Pay Buys eCommerce Startup Shopmatic
May 22, 2022  |  Acquisitions

MatchMove Pay, a Singapore FinTech, has bought eCommerce startup Shopmatic, also from the same country, for $200 million, a report said. This shows how much...

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Bidding for Kohl’s Reportedly Cools as Lenders Are Put Off by Q1 Results
Bidding for Kohl’s Reportedly Cools as Lenders Are Put Off by Q1 Results
May 22, 2022  |  Retail

The deal to sell department store Kohl’s might have hit some hurdles due to financing troubles, Seeking Alpha reported Saturday (May 21). The deal cannot...

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Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
May 19, 2022  |  Technology

In today’s FinTech news, SmartCash Payment Service Bank, a unit of Airtel Africa, brings digital financial services to Nigeria, while OPay and Mastercard partner to...

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Walmart’s PhonePe Steps up Competition With WealthDesk, OpenQ Buys
Walmart’s PhonePe Steps up Competition With WealthDesk, OpenQ Buys
May 19, 2022  |  Acquisitions

PhonePe is stepping up the competition in India and trying to further take on Google and Amazon with the acquisition of wealth management firms WealthDesk...

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DOJ To Increase Antitrust Scrutiny Over Buyout Deals
DOJ To Increase Antitrust Scrutiny Over Buyout Deals
May 19, 2022  |  ANTITRUST

Jonathan Kanter, head of the Department of Justice (DOJ) Antitrust Division, has warned buyout firms that they may be subject to tougher regulatory review if...

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Square Buys ResTech Platform GoParrot
Square Buys ResTech Platform GoParrot
May 18, 2022  |  Acquisitions

Square announced Wednesday (May 18) that it has acquired GoParrot, a digital ordering and marketing platform for restaurants. According to a Square blog post, GoParrot...

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Hospitality Startup Bob W Acquires Estonishing Stay, Tripling Estonian Presence
Hospitality Startup Bob W Acquires Estonishing Stay, Tripling Estonian Presence
May 18, 2022  |  Acquisitions

Hospitality startup Bob W is tripling its presence in Estonia with the acquisition of Estonishing Stay, the largest short-stay serviced apartment operator in that northern...

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