Bloomberg – 11/24/14: Visa Inc. (V), the world’s biggest payments network, said it may have to pay more than $10 billion to buy Visa Europe Ltd. if the banks that own it decide to exercise their option to sell. Visa may seek third-party financing or sell debt to help pay for the purchase, the Foster City, California-based firm said today in its annual regulatory filing. The company said last year that London-based Visa Europe’s perpetual put option could cost several billion dollars or more.
Click here to read more: http://www.bloomberg.com/news/2014-11-21/visa-now-sees-cost-of-visa-europe-option-exceeding-10-billion.html
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