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Wednesday, Mar 20
The European banks that own Visa Europe are reportedly considering exercising a put option to...
The European banks that own Visa Europe are reportedly considering exercising a put option to sell the company to Visa (V) in a deal that would be worth $3-$11B, depending on various factors. A transaction would add scale to Visa and enable it to enter new markets, although the company would also be exposed to Europe's wretched economy and its regulations, while the selling banks could set up a rival company.