Tag: Acquisition
Visa to acquire UK-based fintech platform Currencycloud for $963mn
American multinational financial services company Visa has signed a definitive agreement to acquire UK-based cross-border payments provider Currencycloud for $963 million (700 million pounds).
The...
Volvo Cars to buy its parent firm Geely’s stake in China
Swedish premium automaker Volvo Cars has signed an agreement to buy out its parent company Geely Holding from their joint ventures in China in...
French luxury giant LVMH takes lion’s share in Virgil Abloh’s streetwear...
The French multinational luxury group LVMH (Moët Hennessy Louis Vuitton) will buy a 60 percent share in its menswear designer Mr. Virgil Abloh's streetwear...
Zoom to acquire cloud software provider Five9 in all-stock deal valued...
US-based communications technology company, Zoom Video Communications has agreed to acquire cloud software provider Five9 in an all-stock deal worth about $14.7 billion, targeting...
UAE’s pharma firm Julphar fully acquires Planet Pharmacies
UAE’s Gulf Pharmaceuticals Industries (Julphar) has entered into an agreement to fully acquire Dubai-based pharmaceutical company Planet Pharmacies as it intends to expand its...
DP World fully acquires US logistics firm Syncreon for $1.2bn
Dubai-based multinational logistics company DP World has acquired 100 percent of American logistics firm Syncreon for a total enterprise value of $1.2 billion.
According to...
Zoom acquires German AI translation startup Kites
US-based video-conferencing platform Zoom has acquired a startup developer of AI-powered real-time language translation technologies, Karlsruhe Information Technology Solutions (Kites).
According to the reports, the...
UAE’s Al Ghurair Investment fully acquires Edible Oil Company to expand...
One of the largest diversified family business groups in the Middle East, Al Ghurair Investment (AGI) has signed a share purchase agreement to acquire...
