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Credit Suisse and ING Complete $30 Million Securities Transaction on Blockchain Platform

Bank Innovation

Credit Suisse Group and Dutch bank ING Groep NV today announced they successfully completed a €25 million ($30.48 million) securities lending transaction using blockchain-based software created by blockchain consortium R3.

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Fintech Adyen’s Shares Jump as Sales Beat Estimates

Bank Innovation

Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver on rapid growth. The Dutch company, which processes payments for Netflix Inc., and Spotify Technology SA, posted €192.5 million ($219 million) in net revenue for the six months ended December.

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Takeaway Says Just Eat Takeover Is A Done Deal, Approval Pending

PYMNTS

10 in its all-stock offer for Just Eat, which came out ahead of a competing Prosus NV cash bid. billion deal earlier in January, over the competing bid by Prosus NV. The Dutch firm said shares in the joined company would start trading on Feb. 3 on the London Stock Exchange, Reuters reported. Takeaway noted victory on Jan.

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Wirecard Catches A $1.8M Break From Lenders

PYMNTS

As many as 15 lenders are assessing the extent of potential losses, including ABN Amro Bank NV, Commerzbank AG and ING Groep NV, who have loaned Wirecard 1.6 -based financial consulting firm, is monitoring whether Wirecard has met the loan terms, and lenders are reviewing documents and talking with Visa Inc. and Mastercard Inc.

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Majority Of Just Eat Investors Will Reportedly Accept Takeaway Bid

PYMNTS

In its takeover battle for Just Eat Plc, Takeaway.com NV is reportedly coming close to victory. If at least half of them accept, the bid will reign over the competing Prosus NV cash bid. According to sources, the preliminary results encompass those who intend to formally tender in the days to come. Investors have until Jan.

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Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company owns the Peapod eCommerce grocery offering in the United States in addition to click-and collect offerings, The Wall Street Journal reported.

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Mattress Firm May Be Gearing Up For Bankruptcy Filing

PYMNTS

Mattress Firm and its parent company, Steinhoff International Holdings NV, didn’t respond to Reuters ’ requests for comment. Steinhoff International Holdings NV acquired the company in 2016 and has reportedly sought to restructure some of its debt. Tempur Sealy International’s stock rose 5.2 percent and closed at $52.64 as a result.

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