Visa to buy Visa Europe in deal worth up to €21.2 billion
The purchase ends years of speculation over whether the companies would reunite
The world’s largest payments network Visa has agreed to buy Visa Europe in a deal €21.2 billion.
After eight years operating as separate companies, the move will unify the brand globally.
The transaction includes €16.5 billion upfront and as much as €4.7 billion more after the fourth anniversary of the deal’s completion.
The purchase ends years of speculation among analysts about whether the companies, which split in 2007 ahead of the US firm’s ...