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Sunday 18th May 2025
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CorpDev.Org

CorpDev.Org

Daily News for Dealmakers

  • M&A/ PE Advisory
  • AI Assisted Due Diligence
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Category: Financial Services

Russia’s Sberbank sells off majority stake in Swiss subsidiary | Reuters

Russia’s Sberbank sells off majority stake in Swiss subsidiary | Reuters

  • September 2, 2022
  • 0 Comments
  • By CorpDev
Sanctions imposed by Western countries on Russia over Ukraine have severely hit Sberbank's overseas operations. In early March it announced plans to quit almost all European markets. Source: Russia's...
Posted in Financial Services, International
Euromoney Tells Shareholders To Accept £1.6B Offer [buyout/ takeover]

Euromoney Tells Shareholders To Accept £1.6B Offer [buyout/ takeover]

  • September 2, 2022
  • 0 Comments
  • By CorpDev
By Najiyya Budaly (September 2, 2022, 1:26 PM BST) -- Financial publisher Euromoney said Friday that it "unanimously recommends" that its shareholders vote in favor of a £1.6 billion ($1.8...
Posted in Financial Services

UBS terminates $1.4B Wealthfront acquisition [M A News on Seeking Alpha]

  • September 2, 2022
  • 0 Comments
  • By CorpDev
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your...
Posted in Financial Services
UBS and Wealthfront mutually agree to terminate merger agreement [Business Wire Merger/Acquisition News]

UBS and Wealthfront mutually agree to terminate merger agreement [Business Wire Merger/Acquisition News]

  • September 2, 2022
  • 0 Comments
  • By CorpDev
NEW YORK--(BUSINESS WIRE)--UBS and Wealthfront have mutually agreed to terminate their merger agreement, initially announced 26 January 2022, under which Wealthfront was to be acquired by UBS...
Posted in Financial Services
Banks slice and dice $80bn in M&A debt that no one wants [buyout/ takeover]

Banks slice and dice $80bn in M&A debt that no one wants [buyout/ takeover]

  • August 23, 2022
  • 0 Comments
  • By CorpDev
Global banks stuck with $80bn in unappealing M&A financing debt are trying new tactics to find buyers. In the case of the private-equity buyout of Citrix Systems Inc., they’re cutting the debt...
Posted in Financial Services
Euromoney Receives £1.6B Takeover Bid From PE Firms

Euromoney Receives £1.6B Takeover Bid From PE Firms

  • June 20, 2022
  • 0 Comments
  • By CorpDev
Euromoney, a publisher and information company listed on the London Stock Exchange, said on Monday that it has received a £1.6 billion ($2 billion) cash buyout offer from a private equity consortium...
Posted in Financial Services, International, Private Equity
OEP to buy ACI’s corporate online banking solutions

OEP to buy ACI’s corporate online banking solutions

  • June 19, 2022
  • 0 Comments
  • By CorpDev
The seller is ACI Worldwide. Source: OEP to buy ACI’s corporate online banking solutions
Posted in Financial Services, Private Equity
Sen. Warren asks bank regulator to reject TD’s $13.4 billion acquisition after customer-abuse report

Sen. Warren asks bank regulator to reject TD’s $13.4 billion acquisition after customer-abuse report

  • June 15, 2022
  • 0 Comments
  • By CorpDev
In a letter sent Tuesday to the OCC, Warren cited a May 4 report that alleged that TD used tactics similar to those in the Wells Fargo fake accounts scandal. Source: Sen. Warren asks bank regulator...
Posted in Big Deal, Financial Services, Uncategorized

Circle buys VC-backed Taiwan crypto infrastructure platform

  • June 14, 2022
  • 0 Comments
  • By CorpDev
Cybavo, a Taiwan-based crypto technology player that provides platforms for digital asset custody and blockchain application development, has agreed to be acquired by US digital currency specialist...
Posted in Financial Services, Uncategorized
Nomura chief executive predicts weak yen will kick off foreign M&A wave

Nomura chief executive predicts weak yen will kick off foreign M&A wave

  • June 13, 2022
  • 0 Comments
  • By CorpDev
Kentaro Okuda says rate rises and Toshiba privatisation will usher in ‘paradigm shift’ for corporate Japan Source: Nomura chief executive predicts weak yen will kick off foreign M&A wave
Posted in Financial Services, International

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