AlphaCredit, a Latin American fintech company, has raised $125 million in a Series B equity financing round led by the Latin America Fund of Japan’s SoftBank. The Latin American-focused fintech company, through its AXS Access, Check!, Alcanza Capital and Bontu, AlphaCredit platforms, serves small and medium enterprises (SMEs) in Mexico and Colombia with consumer lending […]
Equinox Gold acquisition of Leagold Mining : Canadian mining company Equinox Gold has signed a deal of about CAD 769.3 million ($ 578.38 million) to acquire Leagold Mining, as per the latest mining acquisition news. Also based in Canada, Leagold Mining is a mid-tier gold producer focused on Latin America. The Canadian gold mining company […]
Northland Power acquisition of EBSA : Canada-based Northland Power has agreed to acquire a 99.2% stake in Colombian regulated utility Empresa de Energía de Boyacá (EBSA) for C$1.05 billion, as per the latest energy acquisition news. The acquisition will expand Northland Power’s Latin American energy infrastructure business into Colombia. The acquisition of EBSA from Fondo […]
PPRO acquisition of allpago : UK-based cross-border e-payments company PPRO has acquired allpago, a Latin American payments provider for an undisclosed price, to create one of the leading platforms in the world for local payments. allpago offers payment and gateway services across Latin America covering 90% of the Latin American e-commerce market. PPRO says that […]
In a significant boost to its consumer health portfolio, Procter & Gamble (P&G) has concluded its €3.4 billion acquisition of German pharmaceutical giant Merck’s consumer health business. This move, first announced in April 2018, aims to elevate P&G’s position in the global over-the-counter (OTC) health market, adding extensive geographical scale and expanding its presence across […]