Visa Agrees To Buy Visa Europe For $23.4B

A Major Change For Visa Visa Inc., the world’s largest payment network, has agreed to add on Visa Europe Ltd. In a deal roughly values at as much as...

A Major Change For Visa

Visa Inc., the world’s largest payment network, has agreed to add on Visa Europe Ltd. In a deal roughly values at as much as 21.2 billion euros. This deal is major for the company.

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The deal was set in place in order to unify the brand globally after about eight full years as two separate companies, which didn’t make a whole lot of sense. The transaction is going to include 16.5 billion euros upfront and as much as 4.7 billion euros later on.

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Hoping that the two becoming one will have a positive impact on their stock prices, the companies are excited for some new and well deserved change. For more details on this be sure to check out the video above.