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Saturday 13th June 2026
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CorpDev.Org

CorpDev.Org

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Category: Financial Services

U.S. Bancorp’s closing date of MUFG Union Bank acquisition gets extended [M A News on Seeking Alpha]

  • September 16, 2022
  • 0 Comments
  • By Vyas Tungaturti
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
Credit Suisse sells offshore trust businesses [Mergers & Acquisitions]

Credit Suisse sells offshore trust businesses [Mergers & Acquisitions]

  • September 6, 2022
  • 0 Comments
  • By Vyas Tungaturti
New chief Ulrich Körner announces first disposals in move to pare back Swiss lender Source Author: unknown
Posted in Financial Services
AIG to launch cut-price IPO for life and asset management unit [Financial Times – Private equity ]

AIG to launch cut-price IPO for life and asset management unit [Financial Times – Private equity ]

  • September 6, 2022
  • 0 Comments
  • By Vyas Tungaturti
Corebridge business would be valued at up to $15.5bn compared with $22.2bn secured last year Source Author: unknown
Posted in 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 Vyas Tungaturti
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 Vyas Tungaturti
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 Vyas Tungaturti
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 Vyas Tungaturti
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 Vyas Tungaturti
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 Vyas Tungaturti
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 Vyas Tungaturti
The seller is ACI Worldwide. Source: OEP to buy ACI’s corporate online banking solutions
Posted in Financial Services, Private Equity

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