American Express (NYSE: AXP) has reached an agreement to acquire Tock, a leading technology provider for reservation, table, and event management, from Squarespace (NYSE: SQSP) for $400 million. This acquisition underscores American Express’s commitment to expanding its footprint in the hospitality industry. Matthew Tucker, Head of Tock, expressed confidence in the transaction, stating, “American Express […]
SEINO HOLDINGS CO., LTD., a prominent logistics entity based in Tokyo and Nagoya, has entered into a definitive agreement with Mitsubishi Electric Corporation to acquire a 66.6 percent stake in Mitsubishi Electric Logistics Corporation. This major transaction, which involves the purchase of common shares currently held by Mitsubishi Electric, marks a significant shift in the […]
