Sunday, August 11, 2019

Private equity firm KKR to acquire German payments group Heidelpay, which is used by 30K+ merchants for online and mobile payments, for €600M+ (Javier Espinoza/Financial Times)

Javier Espinoza / Financial Times:
Private equity firm KKR to acquire German payments group Heidelpay, which is used by 30K+ merchants for online and mobile payments, for €600M+  —  KKR has won the race to buy German payments group Heidelpay for more than €600m in a fresh sign of investor appetite for companies that offer digital alternatives to cash.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...