British e-commerce firm THG ends agreement with SoftBank

British e-commerce firm THG ends agreement with SoftBank

British e-commerce group THG said it had terminated its collaboration with a unit of Japan’s SoftBank Group Corp due to challenging global market conditions. THG said it has completed the internal separation of its key divisions but the call option with SoftBank...
Italy’s FSI fund to invest in payments group BANCOMAT

Italy’s FSI fund to invest in payments group BANCOMAT

Italian fund FSI, the main investors in which include state lender CDP and the sovereign wealth funds of Kuwait and Singapore, has signed a preliminary deal for an investment in payments card and cash machine operator BANCOMAT. FSI and BANCOMAT have agreed the terms...