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Apple iBank?

Welcome to the iBank edition of M&A Daily.

Here are some examples of the ideas you can expect on Sifting the World. Below, you can find additional opportunities from today's deal market.

Apple

Apple (NASDAQ:AAPL) is working with a number of large US banks, including Capital One (NYSE:COF), JPMorgan (NYSE:JPM), US Bancorp (NYSE:USB), and Wells Fargo (NYSE:WFC) to build a phone-to-phone payment system to replace cash and checks. In doing so, the company will compete with PayPal's (NASDAQ:PYPL) Venmo as well as Alphabet (GOOG/GOOGL) and Facebook (NASDAQ:FB). Apple is working with American Express (NYSE:AXP) to expand Apple Pay to Canada and Australia. So far, neither Visa (NYSE:V) nor MasterCard (NYSE:MA) are participating.

Apple also hosts our podcast.

Staples

The European Commission extended its deadline for its review of Staples' (NASDAQ:SPLS) acquisition of Office Depot (NASDAQ:ODP) by 15 business days to March 2, 2016.

Berkshire Hathaway

Berkshire Hathaway (BRK.A/BRK.B) secured approval from Brazil's antitrust regulator for its acquisition of Precision Castparts (NYSE:PCP). The $4.52 net arbitrage spread offers a 7% annual return if the deal closes by next March.

IAC

IAC/InterActiveCorp (NASDAQ:IACI) proposed to acquire Angie's List (NASDAQ:ANGI) in...


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