Bankrupt crypto lender Voyager Digital is closing down following two failed attempts to sell itself. According to a Friday (May 5) court filing, the company will self-liquidate its assets and wind down operations. The announcement came 10 days after Binance.US walked away from a plan to purchase Voyager for $1...
First Republic Bank is reportedly looking to sell assets as it works on a turnaround plan. The bank is weighing the sale of long-dated mortgages and securities amounting to $50 billion to $100 billion, Bloomberg reported Tuesday (April 25), citing unnamed sources. Reached by PYMNTS,...
Sage Group, the U.K. software company, is putting its U.S. unit up for sale after completing a review of the business. According to a report in Bloomberg News, Sage confirmed its U.S. division Sage Payment Solutions, which was created to help merchants process and manage credit card...
Intel is looking to sell off at least part of its venture capital unit in a deal that could be worth as much as $1 billion, reported Bloomberg, citing sources familiar with the company’s intentions. The tech giant is working with UBS Group AG in an effort...
June 16, 2023
Beginning next week, bidders will get the chance to purchase Silicon Valley Bank’s German business. The Federal Deposit Insurance Corp. (FDIC) is set to open a data room on June 20 to qualified bidders for the bank’s $460 million German asset portfolio, according to a sales announcement from the agency. The FDIC took over Silicon Valley Bank (SVB) in March after […]
May 07, 2023
Bankrupt crypto lender Voyager Digital is closing down following two failed attempts to sell itself. According to a Friday (May 5) court filing, the company will self-liquidate its assets and wind down operations....
April 25, 2023
First Republic Bank is reportedly looking to sell assets as it works on a turnaround plan. The bank is weighing the sale of long-dated mortgages and securities amounting to $50...
May 04, 2017
Sage Group, the U.K. software company, is putting its U.S. unit up for sale after completing a review of the business. According to a report in Bloomberg News, Sage confirmed its U.S....
