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Tag: M&A 2018
Banks could reap as much as $115 million for orchestrating the IBM-Red Hat deal — the largest software acquisition in history
IBM's $34 billion acquisition of Red Hat is the largest software deal in history. The bankers who helped orchestrate the acquisition are set to make as much as $115 million in fees.
Square tumbles after Paypal announced it will acquire iZettle, a European competitor of Square. Fintech startup iZettle will further Paypal's plans for an international omni-channel payments solution and increase competition in the point-of-sale market.
Paypal is gaining ground after announcing its $2.2 billion acquisition of a European competitor of Square
Paypal shares rise in pre-market trading after it announced the $2.2 billion acquisition of Square competitor iZettle. The European fintech startup which makes credit card readers for phones and tablets would further Paypal's international omni-channel plans.