Financing

Al Ansari Financial Services  has entered into a Sales and Purchase Agreement to acquire 100 percent of BFC Group Holdings W.L.L. (BFCGH). This prominent foreign exchange and remittance group, based in Bahrain, will be purchased for US$200 million (AED735...

Wolters Kluwer Tax & Accounting announces that it has signed an agreement with Belgian fintech company Isabel Group to acquire its accountancy portfolio of cloud-based financial workflow and data exchange solutions for €325 million in cash. CodaBox, ClearFacts, Clearnox, Zoomit,...

Cypriot lender Hellenic Bank has signed an agreement to acquire insurance provider CNP Cyprus, according to an announcement made by the bank. The announcement stated that the consultation between CNP Assurances and its European Works Council has been completed, paving...

Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the...

Hero.io, an innovative AI-powered platform for crypto decision-making, has announced the acquisition of Cryptopay, a crypto payment and wallet service provider. This strategic acquisition brings Hero.io one step closer to becoming a super app, integrating advanced AI search capabilities with a...

CBC Bancorp, the Irvine, California-headquartered holding company for Commercial Bank of California (CBC), has reached an agreement to acquire Bay Community Bancorp, the holding company for Oakland-based Community Bank of the Bay (CBB). The transaction will see CBC Bancorp purchase...

Coventry Building Society, a financial institution based in England, has offered to acquire British banking company Co-operative Bank in an all-cash deal worth £780m. In this context, the boards of the two entities have agreed to non-binding heads of terms...