British bank Barclays is reportedly considering selling part of its payments business. The bank could sell a stake in its unit that processes merchant payments, Reuters reported Monday (Sept. 4), citing unnamed sources. Barclays could bring in a partner with expertise in how to expand the business, along...
International grocery chain Aldi is growing — in more ways than one. As the Financial Times (FT) noted in a report Sunday (Sept. 3), the discount grocer announced last month it was acquiring Winn-Dixie and Harveys supermarket chains, a marked change from Aldi’s reputation as...
Cybersecurity company SentinelOne is reportedly not for sale, despite recent rumors. SentinelOne CEO Tomer Weingarten told CNBC that the company is dedicated to maintaining its status as a publicly traded, independent entity, the media outlet reported Thursday (Aug. 31). Weingarten’s statement came in response to a media reports that suggested security startup Wiz was...
European Union (EU) regulators are reportedly poised to block Booking Holdings’ 1.63 billion euro purchase of Sweden’s Etraveli Group. The decision comes as concerns arise about the potential consolidation of Booking’s market position and its adverse impact on competitors, the Financial Times (FT) reported Friday (Sept. 1). While the...
Trustly plans to acquire SlimPay with the goal of revolutionizing the recurring payments experience for merchants and consumers across Europe and the United Kingdom. By combining Trustly’s global payment method with SlimPay’s platform for recurring payments, the two companies aim to create a new and exceptional payment experience...
PandaDoc has acquired Denario to help small businesses simplify their proposal-to-cash workflow. The deal will expand the capabilities of PandaDoc’s platform for document creation, management, tracking and eSigning by adding Denario’s B2B payments service that allows small- to medium-sized businesses (SMBs) and startups to automate their accounts payable...
Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies that include General Mills, PepsiCo, Mondelez International and The Hershey Company, Reuters reported Friday (Aug. 25) — citing sources familiar with the matter. PYMNTS has contacted...
Cloud cybersecurity startup Wiz is contemplating a potential bid to acquire cybersecurity firm SentinelOne. This move would mark a significant departure from the norm for a startup, as it involves acquiring a listed company with a market valuation of nearly $4.9 billion, Bloomberg reported Friday (Aug. 25). Reached by...
With inflation prompting many consumers to choose low-priced restaurants over more expensive alternatives, Subway has secured a buyer. The QSR giant, which has nearly 37,000 restaurants around the world, announced Thursday (Aug. 24) that it has agreed to be acquired by Roark Capital, owner of Inspire Brands (a group that includes Dunkin’, Baskin-Robbins, Arby’s and several...
