EntrepreneurFix Is a Free Entrepreneur, Business and Start Up Forum

Connect With Other Entrepreneurs Online Today!
Dismiss Notice
Welcome to Our Community
Wanting to join the rest of our members? Feel free to sign up today.

Visa acquires Visa Europe

Discussion in 'General Business and Entrepreneurship' started by EF-Roger, Nov 5, 2015.

  1. EF-Roger

    EF-Roger Entrepreneur

    Visa Inc. officially announced terms of its deal to acquire Visa Europe, the company’s European counterpart, after recent acquisition rumors. The deal has a maximum total value of up to €21.2 billion ($23.4 billion) in cash and stock, with €16.5 billion ($18.2) up front and a potential additional payout of €4.7 billion ($5.2 billion) four years after the deal closes, as an incentive for Visa's European arm to meet estimated revenue targets. Both Visa and Visa Europe’s boards were unanimous on the terms of the deal, which is expected to close in Q2 2016. The merger will bring all of Visa’s global operations under one roof for the first time since 2007.

    Visa Europe will bring Visa significant business and growth opportunity.

    Read more Visa acquires Visa Europe

    Give us your thoughts if you have any.

Featured Businesses (View All)

Share This Page