Capital One will acquire Brex for $5.15 billion in cash and stock
On January 22nd local time, Capital One announced that it has reached a definitive agreement to acquire Brex for $5.15 billion in cash and stock. Brex is an AI-native software platform that provides intelligent financial solutions. The company uses AI agents to help clients automate complex workflows, reduce manual reviews, and control spending. The transaction is expected to be completed by mid-2026, subject to the satisfaction of customary closing conditions. (Interface)
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