Sale news and trends

Negotiations Said to Move Forward in $8B Bid by CVS for Signify Health
Healthcare // September 02, 2022

Once Signify Health indicated it was open to a sale early last month, several big brands — CVS, Amazon, UnitedHealth Group — have shown interest, but CVS seems to have taken the lead and could be moving forward with discussions. CVS is reportedly in advanced...

Barrons: Online Lender Kabbage Shopping For Buyers
Partnerships / Acquisitions // August 04, 2020

FinTech Kabbage could be seeking a sale, and in doing so, could look to garner up to $1 billion, according to sources quoted by Barron’s. The business did well during the pandemic, out-performing some larger lenders, and the sale could have bids within the month,...

Report: eBay Nears Deal To Sell Classified Ad Division To Adevinta 
Partnerships / Acquisitions // July 20, 2020

As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old auction and “Buy It Now” website with operations in nearly three dozen countries is close...

Travelex Ditches Sale After Banks Reject Offers
Partnerships / Acquisitions // June 16, 2020

Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the company’s banks and lenders, Financial Times (FT) reports. The company will now likely head toward a debit-for-equity swap to look...

Quick Reads
Private Equity Firm Silver Lake Considers Selling Global Blue

August 15, 2023
Private equity firm Silver Lake is reportedly exploring selling Global Blue, a company that enables retailers to offer tax-free shopping. This consideration comes after receiving expressions of interest from potential buyers, but there is no certainty that a deal will take place, Reuters reported Tuesday (Aug. 15), citing unnamed sources. Reached by PYMNTS, a Silver […]

Negotiations Said to Move Forward in $8B Bid by CVS for Signify Health

September 02, 2022
Once Signify Health indicated it was open to a sale early last month, several big brands — CVS, Amazon, UnitedHealth Group — have shown interest, but CVS seems to have...

Barrons: Online Lender Kabbage Shopping For Buyers

August 04, 2020
FinTech Kabbage could be seeking a sale, and in doing so, could look to garner up to $1 billion, according to sources quoted by Barron’s. The business did well during...

Report: eBay Nears Deal To Sell Classified Ad Division To Adevinta 

July 20, 2020
As eBay Inc. refocuses its mission on consumer-to-consumer and business-to-consumer online sales, the eCommerce company is reportedly selling its classified ads unit. The Wall Street Journal reports the 25-year old...