Alliance Data / Bread 2020
Alliance Data Systems Corporation acquired Bread on October 28, 2020.
- Target
- Bread
- Acquirer
- Alliance Data Systems Corporation
- Announced
- October 28, 2020
- Sub-sector
- BNPL
Transaction overview
- Alliance Data Systems Corporation announced the acquisition of Bread on October 28, 2020.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expands Alliance Data's digital payments capabilities and buy now pay later offerings to retailers and bank partners.
Deal terms & multiples
Frequently asked questions
When did Alliance Data Systems Corporation announce the acquisition of Bread?
Alliance Data Systems Corporation announced the acquisition of Bread on October 28, 2020.
What sub-sector is Bread in?
Bread is tracked in the BNPL sub-sector.
Sources
- prnewswire.com /news-releases/alliance-data-completes-acquisition-of-bread-301186414.html