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ResolvedMergers & Acquisitions

American Express to Acquire TheFork for $700M to Boost European Dining Presence

First Detected: Jun 15, 2026, 12:20 PM
Last Update: 3 months ago
9 articles·3 stories

Event Summary

American Express has announced a proposed $700 million cash acquisition of the European restaurant platform TheFork from Tripadvisor. The deal is set to expand the company's dining network to approximately 75,000 bookable venues across Europe. Separately, the Australian Privacy Commissioner has ordered American Express to resolve security vulnerabilities in five of its data systems following concerns over insider threats.

Timeline

American Express to Acquire TheFork for $700M to Boost Dining Services
Jun 16, 2026, 7:31 PMImpact: 5
American Express to Acquire TheFork for $700M to Boost European Dining Presence
Jun 15, 2026, 12:20 PMImpact: 6

Price Impact

Since event start
AXP-2.42%
TRIP-27.63%
0R3C.L-0.29%
0I50.L-14.00%
9961.HK-9.03%