mergers

First Midwest Merges With Old National In $6.5 Billion Deal
First Midwest Merges With Old National In $6.5 Billion Deal
June 01, 2021  |  Partnerships / Acquisitions

Chicago’s First Midwest Bank and Indiana’s Old National Bank have signed a $6.5 billion definitive merger agreement to create a midwestern financial institution (FI) with...

READ MORE >
SoFi Will Go Public June 1 Following SPAC Merger
SoFi Will Go Public June 1 Following SPAC Merger
May 28, 2021  |  IPO

Online FinTech startup Social Finance, otherwise known as SoFi, is expected to go public June 1 following a merger Friday (May 28) with a special...

READ MORE >
US Banks, Installment Payments, On-Demand Payroll Top This Week’s News
US Banks, Installment Payments, On-Demand Payroll Top This Week’s News
May 21, 2021  |  The Weekender

In this week’s news, we saw a report that U.S. banks could end up cutting as many as 200,000 jobs. Also, new insights have emerged...

READ MORE >
Deal Pipeline For Slumping IPOs And SPACs Suggests Rebound May Be Coming
Deal Pipeline For Slumping IPOs And SPACs Suggests Rebound May Be Coming
May 21, 2021  |  IPO

The PYMNTS IPO/SPAC Tracker finds relatively muted announcements of public listings in the payments/financial services space, with a bit more than two dozen bank listings...

READ MORE >
Indonesian Antitrust Watchdog To Probe Gojek-Tokopedia Deal
Indonesian Antitrust Watchdog To Probe Gojek-Tokopedia Deal
May 20, 2021  |  ANTITRUST

Indonesia’s antitrust agency said it wants to take a look at the history-making merger between two of the country’s startups to guard against monopolistic practices....

READ MORE >
Say Hello To The GoTo Group, The New Asian Super App Born From Gojek-Tokopedia Merger
Say Hello To The GoTo Group, The New Asian Super App Born From Gojek-Tokopedia Merger
May 17, 2021  |  International

The largest tech merger in Indonesian history is not only set to create Southeast Asia’s newest so-called “super app” but will also result in creation...

READ MORE >
AT&T’s WarnerMedia Merging With Discovery In $43 Billion Mega Deal
AT&T’s WarnerMedia Merging With Discovery In $43 Billion Mega Deal
May 17, 2021  |  Partnerships / Acquisitions

AT&T is planning to spin off WarnerMedia in a $43 billion merger deal with competitor Discovery in a move that will create a TV, film...

READ MORE >
Redbox Strikes Deal To Go Public Via Merger With SPAC
Redbox Strikes Deal To Go Public Via Merger With SPAC
May 17, 2021  |  Retail

Redbox, which operates a nationwide network of entertainment kiosks, said on Monday (May 17) that it has entered into a definitive deal to merge with...

READ MORE >
Gojek Tokopedia Deal Takes On Grab For SuperApp Status
Gojek Tokopedia Deal Takes On Grab For SuperApp Status
May 17, 2021  |  Partnerships / Acquisitions

Gojek finalized its acquisition of Tokopedia to form GoTo Group, Indonesia’s biggest technology group. Aside from ride-hailing and food delivery, the combined entity will also...

READ MORE >