mergers

Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
March 07, 2024  |  Acquisitions

The U.K. bank Nationwide Building Society is set to acquire Virgin Money for $2.7 billion. The boards of the two companies reached a preliminary agreement to the deal on Thursday...

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PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
February 21, 2024  |  Credit Unions

Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO...

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GoTo Denies Report of Merger Talks With Grab Holdings
GoTo Denies Report of Merger Talks With Grab Holdings
February 13, 2024  |  International

GoTo has denied that it is in merger talks with Grab Holdings. The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on...

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Report: Grab Holdings and GoTo Group in Preliminary Merger Discussions
Report: Grab Holdings and GoTo Group in Preliminary Merger Discussions
February 09, 2024  |  Aggregators

Southeast Asian ride-hailing and food-delivery companies Grab Holdings and GoTo Group are reportedly in talks to merge. The companies are in preliminary discussions and are exploring various scenarios for...

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Worldpay Becomes Independent Company as GTCR Sale Closes
Worldpay Becomes Independent Company as GTCR Sale Closes
February 01, 2024  |  Acquisitions

Payments technology firm Worldpay has begun life as an independent business. The company announced Thursday (Feb. 1) that former owner FIS had finalized the sale of Worldpay to private equity firm GTCR,...

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OCC Calls for More Transparency Into Bank Mergers
OCC Calls for More Transparency Into Bank Mergers
January 29, 2024  |  Bank Regulation

A top U.S. financial regulator wants more transparency into bank mergers. The Office of the Comptroller of the Currency (OCC) on Monday (Jan. 29) introduced a proposal...

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Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
Deutsche Bank CEO Brushes Off Commerzbank Merger Rumors
January 18, 2024  |  Banking

The head of Deutsche Bank says merging with Commerzbank is not a priority. In an interview with CNBC Thursday (Jan. 18), Deutsche Bank CEO Christian Sewing seemed to quash recent...

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Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
January 16, 2024  |  Retail

With the looming merger between Kroger and Albertsons set to make it all the harder for smaller grocery chains to stand a fighting chance, delays...

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Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
Report: Commerzbank and Deutsche Bank Ressurect Merger Talks
January 15, 2024  |  Banking

Deutsche Bank has reportedly resumed merger discussions with fellow German financial institution Commerzbank. The two companies had called off their initial plans to merge five years ago. But now,...

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