U.S. banking regulators said on Friday they approved Capital One’s $35.3 billion purchase of Discover Financial Services, paving the way for the combined firms to become the nation’s eighth-largest bank. The...
Switzerland’s Cicor wins approval to buy parts of France’s Eolane
Swiss electronics company Cicor said on Friday its offer to buy parts of France’s Eolane Group has been accepted by the Paris Commercial Court, boosting its presence in France. In a statement, Cicor said the deal...
Capgemini acquires Delta Capita BV to boost financial crime compliance capabilities
Capgemini has completed the full acquisition of Delta Capita BV and its wholly owned subsidiary, Delta Capita Academy BV, which are both based in the Netherlands and part of the wider Delta Capita Group. The deal...
German Tech Rental Firm Grover Nears Restructuring Deal in Court
Electronics-rental company Grover Group is nearing a restructuring deal that will see some creditors take over the majority of the equity of the German startup. Investors led by Fasanara Capital and M&G are poised...
Monte dei Paschi investors back hostile bid for Mediobanca
Monte dei Paschi di Siena expects to launch its 12.5 billion euro ($14 billion) takeover offer for Mediobanca in the summer, after securing shareholder approval on Thursday for the hostile bid. Normally rare in finance...
Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus
Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded...
Poland’s InPost acquires UK parcel firm Yodel
Parcel locker company InPost has acquired Yodel, one of Britain’s biggest parcel delivery firms, it said on Thursday, a move that will make the Polish group the third-largest independent logistics player in the UK...
Commodity traders to submit bids for Italy’s IP by May, sources say
Global commodity traders including Glencore and Gunvor are looking at the possibility to buy oil refiner Italiana Petroli (IP) API group, two sources said on Thursday, adding that binding bids for the company are due by...
Abu Dhabi’s Mubadala to buy $600 million stake in UK school operator Nord Anglia
Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday it would acquire a minority stake in UK private school operator Nord Anglia Education for $600 million, joining a global consortium led by...
OpenAI in talks to buy Windsurf for about $3 billion, Bloomberg News reports
OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The deal would be...
Lyft to enter European market with $200 million FreeNow acquisition
Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday...
Poland’s InPost acquires UK parcel firm Yodel
Parcel locker company InPost said on Thursday that it had acquired Yodel, one of Britain’s biggest parcel delivery firms, in a move that will make the Polish group the third-largest independent logistics player in...
