Tag: M&A
FinTech is disrupting the finance industry to the point where we’re likely to see quite a bit of M&A activity as a result. That activity could take several different forms, but one likely possibility is that FinTech or tech companies could acquire traditional finance names. It appears the transition for banks to really utilize FinTech […]
(Reuters) – Private equity firms Blackstone and CVC Capital Partners joined a rush to snap up payments companies on Friday with a 2.9 billion pound ($3.7 billion) bid for Paysafe Group. Britain’s Paysafe, which offers pre-paid cashcards and online wallets, said separately it was also planning to buy Merchants’ Choice Payments Solutions for $470 million, […]
HONG KONG (Reuters) – Like innumerable children with imaginations fired by animated films, Hong Kong product and graphic designer Ricky Ma grew up watching cartoons featuring the adventures of robots, and dreamt of building his own one day. Unlike most of the others, however, Ma has realized his childhood dream at the age of 42, […]
BARCELONA (Reuters) – The merger and acquisition activity that has characterized the European telecoms market in recent years could soon grind to a halt, even as Orange looks to seal a potential 10 billion euro ($11 billion) deal for French rival Bouygues. While Orange Chief Executive Stephane Richard believes that the so-called convergence of fixed […]
AT&T is acquiring DirectTV. BT acquired EE that was sold by Orange and T-Mobile. Telefonica sold O2 to Hutchison and its owner Li Ka-shing can well sell all telecom assets when the price is right. We can see at least three directions for carriers to grow. But it is hard to say which one pattern or strategy of growth will […]
We are hearing of more and more mergers and acquisitions (M&As) taking place around the globe, particularly in the telecoms and digital space, but what does it all mean for customers, suppliers and employees? The argument for economies of scale are often used to justify or explain the swallowing up of one company by another, […]
With everyone from start-ups to serious giants elbowing each other for an advantage in the mobile payments space, the pace of the change is eye watering. The British Banking Association (BBA) has announced that bricks and mortar branches are crumbling faster than they thought, and mobile transactions are soaring. Users were busy doing 18.6 million […]
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