Baupost Group news and trends

Western Union Business Solutions Now Convera, Says is Largest Non-Bank Global B2B Payments Platform

March 01, 2022
Western Union
Baupost Group Buys Stake In Just Eat Takeaway
Partnerships / Acquisitions // August 12, 2021

The Baupost Group hedge fund is getting into the meal delivery business. As Bloomberg News reported on Thursday (Aug. 12), the fund — run by value investor Seth Klarman — has purchased a 3.5 percent stake in Just Eat Takeaway.com, a Dutch food delivery service...

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Western Union Business Solutions Now Convera, Says is Largest Non-Bank Global B2B Payments Platform

March 01, 2022
Goldfinch Partners and The Baupost Group have reached the initial closing in their acquisition of Western Union Business Solutions (WUBS) for $910 million, the two entities said in a press release Tuesday (March 1). The deal, first announced in August of last year, will see WUBS rebranded as Convera, a new standalone B2B payments company. […]

Baupost Group Buys Stake In Just Eat Takeaway

August 12, 2021
The Baupost Group hedge fund is getting into the meal delivery business. As Bloomberg News reported on Thursday (Aug. 12), the fund — run by value investor Seth Klarman —...