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Tag: Transaction

Pathward announces sale of Commercial Insurance Premium Finance business

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Pathward announces sale of Commercial Insurance Premium Finance business

SIOUX FALLS, SD, August 28, 2024–(BUSINESS WIRE)–Pathward Financial, Inc. (the “Company”) (Nasdaq: CASH) today announced that its wholly owned subsidiary, Pathward®, NA (“Pathward”), an industry-leading financial empowerment company dedicated to promoting financial inclusion, has entered into a definitive agreement to sell its commercial insurance premium financing business to AFS IBEX Financial Services, LLC (“AFS”), a […]

Summit Partners and Visa Equity showcase Trintech

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Summit Partners and Visa Equity showcase Trintech

Summit Partners and Vista Equity are sounding out investment bankers for a possible sale of financial software company Trintech. editorial This content has been selected, created and edited by the Finextra editorial team based on its relevance and interest to our community. The two venture capitalists have hired Deutsche Bank to handle the sale process, […]

Campbell sells Pop Secret business to Our Home

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Campbell sells Pop Secret business to Our Home

CAMDEN, NJ, August 26, 2024–(BUSINESS WIRE)–Campbell Soup Company (NASDAQ:CPB) today announced the completed sale of its Pop Secret popcorn business to Our Home, an independent healthier snacking company. Terms of the transaction were not disclosed. The Pop Secret business generated net revenues of approximately $120 million in fiscal 2024. The transaction is expected to be […]

Sells its VLGC fleet to BW LPG Ltd. for $1,050 million with an expected sales profit of around $315 million

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Sells its VLGC fleet to BW LPG Ltd. for ,050 million with an expected sales profit of around 5 million

Avance Gas Holding Ltd Hamilton, Bermuda August 15, 2024 Avance Gas Holding Ltd. (“Avance Gas” or the “Company”) (OSE: AGAS) entered into an agreement with BW LPG Ltd (“BW LPG” or “the Buyer”) on 15 August 2024 to sell its fleet of very large gas carriers (VLGCs) for an amount of US$1,050 million. Avance Gas’s […]

Giant Eagle sells all GetGo convenience store locations

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Giant Eagle sells all GetGo convenience store locations

COLUMBUS, Ohio (WSYX) — Giant Eagle has entered into an agreement to sell all of its GetGo convenience stores to international fuel industry leader Couche-Tard, the company announced Monday. Couche-Tard operates more than 16,000 stores in 31 countries and territories, including Circle K brands. “We are excited to welcome GetGo to the Couche-Tard family,” said […]

FansUnite shareholders approve sale transaction, distribution and voluntary delisting

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FansUnite shareholders approve sale transaction, distribution and voluntary delisting

Vancouver, British Columbia–(Newsfile Corp. – August 13, 2024) – FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) (“FansUnited” or the “Pursue“) is pleased to announce, following its new announcement dated June 27, 2024, in respect of the proposed sale (the “Sales transaction“) of all issued and outstanding shares of FansUnite US Inc. (“FansUS“) to Hero Group […]

Tally, a credit card debt fintech company valued at $855 million, is shutting down

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Tally, a credit card debt fintech company valued at 5 million, is shutting down

Credit card debt settlement platform Tally is shutting down after nine years in which it raised $172 million in venture capital. editorial This content has been selected, created and edited by the Finextra editorial team based on its relevance and interest to our community. The US fintech, which last raised $80 million in a Series […]

CEO Ravi Singisetti sells 6,728 shares of Cognizant Technology Solutions Corp (CTSH)

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CEO Ravi Singisetti sells 6,728 shares of Cognizant Technology Solutions Corp (CTSH)

Ravi Singisetti, CEO of Cognizant Technology Solutions Corp (NASDAQ:CTSH), completed a sale of 6,728 shares of the company’s stock on August 6, 2024, according to the SEC filing. Following this transaction, the insider now owns 46,427 shares of the company’s stock. Cognizant Technology Solutions Corp, a leading provider of information technology, consulting and business process […]