Tag archive for ‘New York’
New York Community Bancorp to acquire Flagstar Bancorp for $2.6bn
By businessnewstoday On Monday, April 26th, 2021
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New York Community Bancorp to acquire Flagstar Bancorp for $2.6bn

(adsbygoogle = window.adsbygoogle || []).push({}); New York Community Bancorp (NYCB) has signed an all-stock deal to acquire Michigan-based Flagstar Bancorp (FBC) for about $2.6 billion. Flagstar More...

IIOT company Andium raises $15m in Series A round
By Soujanya Ravi On Sunday, April 18th, 2021
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IIOT company Andium raises $15m in Series A round

Andium, a New York City-based industrial internet of things (IIOT) company, which provides remote-field monitoring and communications technologies, has raised $15 million in a Series A round. The funding round was More...

Arthur J. Gallagher acquires claims investigation firm Terrier Claims Services
By businessnewstoday On Saturday, April 3rd, 2021
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Gallagher acquires claims investigation firm Terrier Claims Services

Arthur J. Gallagher & Co. said that Gallagher Bassett Services (GB), its risk management services subsidiary, has acquired Terrier Claims Services (TCS) and its affiliate – MT Investigations, based in More...

Northwest Bank to sell insurance business to USI Insurance Services
By businessnewstoday On Saturday, April 3rd, 2021
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Northwest Bank to sell insurance business to USI Insurance Services

Pennsylvania-based Northwest Bank has agreed to divest its insurance business – Northwest Insurance Services to insurance brokerage USI Insurance Services for an undisclosed price. Northwest Insurance Services More...

M&T Bank to acquire People's United Financial in $7.6bn al-stock deal
By businessnewstoday On Sunday, February 28th, 2021
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M&T Bank to acquire People’s United Financial in $7.6bn all-stock deal

M&T Bank Corporation has signed an all-stock deal worth around $7.6 billion to acquire rival US bank holding company People’s United Financial. Headquartered in Bridgeport, Connecticut, People’s More...

Cubic Transportation Systems to deliver equipment for NY MTA’s OMNY project
By Soujanya Ravi On Sunday, February 14th, 2021
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Cubic Transportation Systems to deliver equipment for NY MTA’s OMNY project

Cubic Transportation Systems (CTS) has won a $39 million worth contract from the New York Metropolitan Transportation Authority (NY MTA) to deliver equipment for its new fare payment system – One Metro New More...

Paysafe SPAC merger - Online payments company Paysafe to merge with SPAC Foley Trasimene
By businessnewstoday On Monday, December 7th, 2020
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Online payments company Paysafe to merge with SPAC Foley Trasimene

Paysafe SPAC merger : UK-based online payments company Paysafe Group is set to go public by merging with Foley Trasimene Acquisition Corp. II in a deal that values the former at around $9 billion. The special purpose More...

MSCP wraps up $330m sale of majority stake in Hojeij Branded Foods to Lagardere
By businessnewstoday On Monday, December 7th, 2020
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AI-driven energy storage company Stem to merge with Star Peak Energy in $1.3bn deal

Stem, Inc., a US-based artificial intelligence (AI)-driven energy storage company, has agreed to merge with Star Peak Energy Transition, a publicly-traded special purpose acquisition company (SPAC), in a $1.35 billion More...

Chipotle Digital Kitchen in Highland Falls, New York.
By businessnewstoday On Thursday, November 12th, 2020
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Chipotle Mexican Grill to open Chipotle Digital Kitchen in Highland Falls, NY

Chipotle Mexican Grill said that it will open its first-ever digital-only restaurant called the Chipotle Digital Kitchen near the military academy in Highland Falls, New York. The restaurant, which will be open More...

VF Corporation to acquire streetwear brand Supreme for $2.1bn
By businessnewstoday On Tuesday, November 10th, 2020
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VF Corporation to acquire streetwear brand Supreme for $2.1bn

VF Corporation, a US-based apparel and footwear company, has agreed to acquire streetwear brand Supreme from The Carlyle Group and Goode Partners, for $2.1 billion. Supreme sells apparel, accessories, and also footwear More...