American Express Company Mergers and Acquisitions


American Express Company

3 World Financial Center
200 Vesey Street
New York, NY 10285-0002
United States
Tel:1/212/640-2000
URL: http://www.americanexpress.com
Primary Symbol & Exchange:
AXP - Common Stock - New York Stock Exchange
Industry:
Financial Services
American Express Company Company Snapshot

American Express Company Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

American Express Company M&A History


American Express Co acquires Revolution Money from Revolution LLC (pending) American Express Co acquires  Revolution Money from Revolution LLC (pending)Nov 18, 2009

US - American Express Co agreed to acquire Revolution Money, a Saint Petersburg- based provider of Internet payment processing services, from Revolution LLC, for an estimated USD ### mil.

ExlService Holdings Inc acquires American Express-Global Travel from American Express Co (pending) ExlService Holdings Inc acquires  American Express-Global Travel from American Express Co (pending)Nov 06, 2009

INDIA - ExlService Holdings Inc of the US planned to acquire the Global Travel Service Center operations of American Express Co, a Gurgaon-based provider of call centre services, for an estimated INR #.## bil (USD ##.### mil).

Alpha Card SCRL acquires BCC Corporate Alpha Card SCRL acquires  BCC CorporateMar 27, 2009

BELGIUM - Alpha Card SCRL, a joint venture between American Express Co and Fortis Bank SA/NV, a unit of BNP Paribas SA, acquired BCC Corporate, a Brussels-based provider of credit card services.

Standard Chartered First Bank acquires American Express Bank-Seoul from American Express Co (pending) Standard Chartered First Bank acquires American Express Bank-Seoul from American Express Co (pending)Sep 26, 2008

SOUTH KOREA - Standard Chartered First Bank Korea Ltd, a wholly-owned unit of Standard Chartered PLC's Standard Chartered Bank PLC unit, planned to acquire the Seoul branch of New York- based American Express Bank Ltd, a unit of American

American Express Co acquires David Jones Ltd-Receivables from David Jones Ltd American Express Co acquires David Jones Ltd-Receivables from David Jones LtdAug 01, 2008

AUSTRALIA - American Express Co acquired the store card receivables of David Jones Ltd, a department stores owner and operator.

American Express Co acquires a minority stake in Concur Tech Inc American Express Co acquires a minority stake in Concur Tech IncJul 29, 2008

US - American Express Co acquired a ##% stake, or #.# mil common shares, in Concur Technologies Inc, a developer of expense management software, for $##.## in cash per share, or a total value of $###.### mil, in

Standard Chartered PLC acquires American Express Co-Branches from American Express Co Standard Chartered PLC acquires American Express Co-Branches from American Express CoMay 30, 2008

TAIWAN - Standard Chartered PLC acquired the # Taiwan bank branches of American Express Co, a credit and financial services provider.

Envision Technology Solutions acquires Claims Harbor from American Express Co Envision Technology Solutions acquires Claims Harbor from American Express CoApr 01, 2008

USA - Envision Technology Solutions, a wholly-owned unit of Peak Performance, acquired Claims Harbor, a provider of insurance automation and payment services, from a unit of American Expresss Harbor Payments subsidiary. Terms were not disclosed.

American Express Co acquires Corporate Payment Services from GE American Express Co acquires Corporate Payment Services from GEMar 28, 2008

US - American Express Co acquired Corporate Payment Services, a provider of financial and credit card services, from GE Consumer Finance Inc, a unit of General Electric Co's General Electric Capital Corp subsidiary, for $#.# bil in cash. The

Standard Chartered PLC acquires American Express Bank Ltd from American Express Co Standard Chartered PLC acquires American Express Bank Ltd from American Express CoFeb 29, 2008

US - Standard Chartered PLC (SC) acquired American Express Bank Ltd, a commercial bank, from American Express Co, for an estimated $### mil. The transaction had been subject to regulatory approvals. Concurrently, SC planned to acquire American Express International Deposit Co.

Standard Chartered PLC acquires American Express Intl Deposit from American Express Co Standard Chartered PLC acquires American Express Intl Deposit from American Express CoFeb 29, 2008

CAYMAN ISLANDS - Standard Chartered PLC (SC) acquired American Express International Deposit Co, a provider of investment certificates issuance services, from American Express Bank Ltd (AE), a unit of American Express Co, for an estimated ###.### mil British pounds ($###

Bureau de Change Manuel Kanoo acquires Amer Express-Currency Exchange from American Express Co Bureau de Change Manuel Kanoo acquires Amer Express-Currency Exchange from American Express CoDec 31, 2007

FRANCE - Bureau de Change Manuel Kanoo acquired French Currency Exchange Business of American Express Co, provider of currency exchange services.

Banco De Oro-EPCI INC acquires American Express Co-Op from American Express Co Banco De Oro-EPCI INC acquires American Express Co-Op from American Express CoDec 03, 2007

PHILIPPINES - Banco De Oro-EPCI Inc acquired Philippine consumer banking operations of Amercian Express Co (AE), a credit card services provider. The acquisition was to include the US bank's peso and US dollar credit card portfolios as well as

American Express Co acquires BMW Bank Gmbh from BMW AG (pending) American Express Co acquires BMW Bank Gmbh from BMW AG (pending)Nov 05, 2007

GERMANY - American Express Company of U.S will acquire BMW Bank GmbH, a Munich-based provider of financial services; a wholly-owned unit of Bayerische Motorenwerke Aktiengesellschaft. The deal has been approved by the Federal Cartel Office. Terms were not disclosed.

American Express Bus Travel acquires Farrington American Express from Farrington Travel American Express Bus Travel acquires Farrington American Express from Farrington TravelJul 24, 2007

HONG KONG - American Express Business Travel, a majority-owned unit of American Express Co, acquired the remaining ##% interest, which it did not already own, in Farrington American Express Travel Services Ltd , a travel services provider, from its joint venture

Seeking Buyer is rumored to be planning to acquire American Express Private Bank from American Express Co Seeking Buyer is rumored to be planning to acquire  American Express Private Bank from American Express CoJun 04, 2007

US - American Express Co was rumored to be seeking a buyer for its American Express Private Bank unit, a provider of wealth management services.

American Express Co acquires Harbor Payments Inc from Assurant Inc American Express Co acquires Harbor Payments Inc from Assurant IncDec 31, 2006

US - American Express Co acquired Harbor Payments Inc, a provider of electronic payment services, from Assurant Inc. Terms were not disclosed.

Maybank acquires American Express-Malaysian Ops from American Express Co Maybank acquires American Express-Malaysian Ops from American Express CoAug 02, 2006

MALAYSIA - Malayan Banking Bhd {Maybank} was acquired the Malaysian credit card operations of American Express Co (AE), a credit card services provider, for ## mil Malaysian ringgits ($##.### mil US). Originally, Maybank was rumored to be planning to acquire

Banco Bradesco SA acquires American Express-Brazilian CC from American Express Co Banco Bradesco SA acquires American Express-Brazilian CC from American Express CoJun 28, 2006

BRAZIL - Banco Bradesco SA acquired the Brazilian credit card operations American Express Co (AMEX), a provider of financial services, for #.### bil Brazilian reais (###.### mil euros/$### mil US). The agreement did not include AMEX's traveler

Comdirect Bank AG acquires Amex Bank GmbH-Deposit & Custo from American Express Co Comdirect Bank AG acquires Amex Bank GmbH-Deposit & Custo from American Express CoJan 01, 2006

GERMANY - Comdirect Bank AG, a unit of Commerzbank AG, acquired deposit & custody business of American Express Bank GmbH, a unit of American Express Bank Co, for ## mil euros ($##.## mil US). The transaction was subject to regulatory approval.

American Express Company M&A Summary


American Express Company has made 136 acquisitions while taking stakes in 32 companies. American Express Company has 78 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009100
2008214
2007102
2006103
2005004
2004003
2003202
2002812
2001513
2000212
1999511
19981042
1997322
1996212
1995816
1994928
199310111
1992702
1991651
19901316
1989931
1988720
1987532
1986511
1985501
1984312
1983202
1982401
1981102
Total1363278

Other Recent M&A in the Financial Services industry