Visa inc buys Visa Europe in €21.2bn deal
US credit card issuer Visa Inc
New York - Arab Today
US credit card issuer Visa Inc. said Monday it was to buy back its former subsidiary Visa Europe in a 21.2-billion-euro ($23.5-billion) deal.
The deal, approved by both boards, will be carried out in two stages -- an initial payment of 16.5 billion euros followed by a possible additional payment of 4.7 billion euros four years after the agreement is finalised, Visa said.
UK-incorporated Visa Europe, operated by member banks and other payment service providers from 38 countries, has been operating independently of Visa Inc since 2004.
- Wednesday ,12 December GMT 08:26 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:26 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 07:49 2017 Wednesday ,23 August
GPIC honours employee for academic achievement
GMT 13:23 2017 Thursday ,16 February
Qatar Stresses Importance of Accountability for War Crimes in Syria
GMT 21:13 2017 Monday ,12 June
Saudi Minister of Oil says
GMT 11:11 2017 Saturday ,23 December
Sevilla sack cancer-stricken coach Berizzo
GMT 20:56 2015 Wednesday ,05 August
EDF deal for new UK nuclear plant to be signed in OctoberGMT 04:26 2012 Sunday ,27 May
Fahey ruled out of EUROsGMT 21:38 2013 Wednesday ,10 April
Google weaves a web between human trafficking hotlines
GMT 18:06 2017 Sunday ,30 July
140 Jewish settlers storm Al Aqsa Mosque
GMT 14:44 2017 Thursday ,27 July
Heatwave continues Thursday, subsides over weekend
GMT 10:33 2017 Tuesday ,08 August
Egypt-Press-Headlines
GMT 12:20 2015 Tuesday ,03 March
DMCA to offer marine craft driving license services
GMT 11:58 2017 Thursday ,02 November
Gulf Craft Continues to Redefine On-Water Lifestyle Experience
GMT 13:32 2016 Saturday ,13 February
Fresh protests in Athens over pension reforms
GMT 10:54 2018 Sunday ,02 December
Egypt wins membership of World Water Council board of governors
GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countries
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor