Silver, gold, platinum—if there were a precious metal-themed hierarchy of big deals, this week’s Visa tie-up just might reign supreme.
On Monday, Visa Inc., operator of the world’s largest consumer payment system, announced that it had agreed to reacquire its former unit Visa Europe Ltd. for up to $23.3 billion. Expected to close in the third quarter of 2016, the deal follows a split of the two parties prior to Visa’s $18 billion initial public offering in 2008. Visa rival MasterCard Inc. currently owns its European business.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
