Visa inc buys Visa Europe in €21.2bn deal
UK-incorporated Visa Europe
New York - AFP
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.
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:56 2018 Merkel policies in focus in final debate on draft German budget
- Thursday ,08 November GMT 14:11 2018 Greek minister, Russian ambassador discuss possible investment projects
- Wednesday ,07 November GMT 11:15 2018 Top U.S. diplomat visits Pakistan to discuss economic cooperation
- Thursday ,01 November GMT 13:53 2018 Alrosa to sell 127 large gem-quality rough diamonds at an auction in Israel
- Tuesday ,30 October GMT 10:59 2018 Trade turnover between Russia and Japan grows by over 17% in 2018
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Russia 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 09:43 2019 Monday ,19 August
Live a calm atmosphere in your career
GMT 07:45 2017 Sunday ,19 November
Driverless,electric future just round
GMT 12:30 2018 Friday ,14 December
Noriaki Kasai: 30 years of World Cup ski-jumping
GMT 18:58 2017 Wednesday ,05 April
Belgium pleads to end impunity at Syria conference in Brussels
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 10:47 2018 Sunday ,07 October
Bahrain hosts World Robotics Olympiad2018GMT 12:37 2011 Thursday ,06 October
Living in: Shanghai
GMT 15:11 2017 Sunday ,02 July
Five killed in Abu Dhabi road accidents during Eid
GMT 13:58 2017 Wednesday ,04 October
Trump arrives in storm-hit Puerto Rico
GMT 05:29 2017 Thursday ,13 April
Greece completes sale of 14 airports
GMT 03:41 2017 Friday ,21 April
Students, job seekers explore options at Ghedex in Oman
GMT 12:47 2017 Thursday ,09 February
Furyk adjusts selection criteria for US Ryder Cup teamGMT 12:31 2011 Monday ,19 September
For a lasting monsoon look
GMT 10:27 2017 Wednesday ,13 December
Strikes kill 12 in rebel-run Yemen prison camp
GMT 08:50 2016 Thursday ,29 December
Social media may have spurred multiple mall fights across US
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