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Tag: ACQUISITION

Turkish fintech firm Papara acquires Pakistan-based SadaPay
Business

Turkish fintech firm Papara acquires Pakistan-based SadaPay

June 3, 2024June 3, 2024

The Turkish fintech firm Papara introduced Wednesday it acquired Pakistan-based Electronic Money Institution (EMI) SadaPay, marking an enlargement within the South Asian market following the

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UBS to absorb Credit Suisse’s domestic unit, aims for B in cost cuts
Business

UBS to absorb Credit Suisse’s domestic unit, aims for $10B in cost cuts

August 31, 2023August 31, 2023

Banking large UBS Group introduced Thursday it will totally soak up the home unit of its longtime rival Credit Suisse into its operations, with out

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Biotech giant Illumina fined 5M over Grail deal without EU approval
Economy

Biotech giant Illumina fined $475M over Grail deal without EU approval

July 12, 2023July 12, 2023

The U.S. biotech big Illumina has been slapped with a $475 million superb for getting cancer-screening firm Grail with out regulators’ approval, the European Union

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United, Qatari consortium negotiating exclusivity in over B sale talks
Football

United, Qatari consortium negotiating exclusivity in over $6B sale talks

June 21, 2023June 21, 2023

Manchester United is in negotiations to offer exclusivity to a consortium led by Qatar’s Sheikh Jassim bin Hamad Al Thani, in talks revolving round a

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UBS finalizes Credit Suisse takeover to become wealth management behemoth
Business

UBS finalizes Credit Suisse takeover to become wealth management behemoth

June 20, 2023June 20, 2023

UBS mentioned Monday it had efficiently concluded its acquisition of troubled rival Credit Suisse, forming a large banking establishment with a steadiness sheet totaling $1.6

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US sues to block Microsoft’s B bid to buy Activision Blizzard
Technology

US sues to block Microsoft’s $69B bid to buy Activision Blizzard

December 26, 2022December 26, 2022

The U.S. Federal Trade Commission (FTC) mentioned Thursday it’s suing to dam Microsoft’s deliberate $69 billion takeover of online game firm Activision Blizzard, citing considerations

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