Archives Tag: acquisition
What Startup Founders Should Know About Merger and Acquisition Process
April 19, 2022
Merger and Acquisition (M&A) are an important phase in the life of every founder and their business. There are so many misconceptions about mergers and acquisitions today. However, M&A processes are challenging and also complex. According to Refinitiv, the value of global M&A deals exceeded $4.3 trillion in the first three quarters of this … Continue reading What Startup Founders Should Know About Merger and Acquisition Process
Facebook Acquisition Of Instagram: Lessons To Learn
April 19, 2022
Facebook bought Instagram (founded by Kevin Systrom and Mike Krieger) for $1 billion in 2012, a shocking sum at that time for a company with 13 employees. Instagram today has over one billion users and contributes over $20 billion to Facebook’s annual revenue. Zuckerberg, in particular, wanted to buy Instagram to avoid competition as it … Continue reading Facebook Acquisition Of Instagram: Lessons To Learn
4 Proven Strategies To Increase Your Client Acquisition Plan
April 19, 2022
Clients are the lifeblood of any business, whether great or small. Little wonder, Jack Ma, CEO of Alibaba, stated that “The customer is number one, the employee is number two and the shareholder is number three. If the customer is happy, the business is happy, and the shareholders are happy.” Bill Gates, Founder of … Continue reading 4 Proven Strategies To Increase Your Client Acquisition Plan
Access Bank Wants to Acquire Zambia’s Cavmont Bank
April 19, 2022
Access Bank is seeking to acquire a 100% stake in Cavmont Bank, a financial institution located in Zambia. If the deal is sealed, it would effectively make the institution a subsidiary of its Nigerian counterpart. Details of this were contained in a document signed by Access Bank’s Company Secretary, Mr Sunday Ekwuochi, and delivered to … Continue reading Access Bank Wants to Acquire Zambia’s Cavmont Bank
BUSINESS International News TECH Telecommunication
Facebook Acquires WhatsApp for $19 Billion
April 19, 2022
Facebook Inc., a popular social media networking service with about 1.2 billion users, has acquired WhatsApp, another social media service that thrives primarily on mobile phones. The recent acquisition is estimated to be worth around $19 billion. Facebook had earlier said it would pay $4 billion in cash and about $12 billion in stock for WhatsApp. Facebook also … Continue reading Facebook Acquires WhatsApp for $19 Billion
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