Equity Stake news and trends

Cross-Border Paytech Firm TransferMate Scores Investment From ING
Investments // July 30, 2018

Cross-border business paytech firm TransferMate has received a €21 million investment from ING. In exchange for the funding, ING will receive a minority equity stake in the company. TransferMate will also provide international payment services to all corporate and small and mid-sized enterprise clients of...

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Marlboro Sees Opportunity In Canadian Cannabis

December 09, 2018
Altria Group, the maker of Marlboro cigarettes for the U.S. market, announced that it is acquiring 146.2 million newly-issued shares of Canadian cannabis company Cronos Group. The transaction represents a 45 percent equity stake in Cronos, at a price of CAD $16.25 per share, for an aggregate investment by Altria of approximately $1.8 billion (approximately […]

Cross-Border Paytech Firm TransferMate Scores Investment From ING

July 30, 2018
Cross-border business paytech firm TransferMate has received a €21 million investment from ING. In exchange for the funding, ING will receive a minority equity stake in the company. TransferMate will...