Visa Inc Finalises Buy Out of Visa Europe
Posted: Mon Jun 20, 2016 1:44 pm
Visa Inc has announced the completion of its acquisition of Visa Europe resulting in a combined global corporation servicing over 17,000 financial institutions and partners, 40 million merchant outlets and 3 billion card accounts across the world.
Visa branded cards and payment products currently enable approximately $6.8 trillion in global payments volume annually.
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The acquisition follows the approval of the buyout from the European Commission earlier this month after Visa modified the terms of the deal to appease anti-trust ... (read more)