Visa inc buys Visa Europe in €21.2bn deal
US credit card issuer Visa Inc
New York - Arab Today
US credit card issuer Visa Inc. said Monday it was to buy back its former subsidiary Visa Europe in a 21.2-billion-euro ($23.5-billion) deal.
The deal, approved by both boards, will be carried out in two stages -- an initial payment of 16.5 billion euros followed by a possible additional payment of 4.7 billion euros four years after the agreement is finalised, Visa said.
UK-incorporated Visa Europe, operated by member banks and other payment service providers from 38 countries, has been operating independently of Visa Inc since 2004.
- Monday ,22 January GMT 19:53 2018 Afrin clashes kill 54 Syrian Kurd and pro-Turkey fighters: monitor
GMT 14:12 2018 Tuesday ,23 January
Oscar best director nomineesGMT 14:09 2018 Tuesday ,23 January
Oscar best actress nomineesGMT 14:06 2018 Tuesday ,23 January
Oscar best actor nomineesGMT 13:58 2018 Tuesday ,23 January
Oscar best foreign film nomineesGMT 20:03 2018 Monday ,22 January
Eurozone approves 6.7-bln-euro bailout tranche for GreeceGMT 20:00 2018 Monday ,22 January
Trump to travel to Davos as shutdown deal reached: W.HouseGMT 19:57 2018 Monday ,22 January
Democrats to vote to reopen US government: SchumerGMT 19:53 2018 Monday ,22 January
Afrin clashes kill 54 Syrian Kurd and pro-Turkey fighters: monitor
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens more
GMT 08:39 2017 Tuesday ,08 August
Electric car startup Faraday FutureGMT 00:41 2013 Monday ,20 May
Bahrain nonoil trade grows 20%
GMT 08:39 2016 Tuesday ,19 January
Food giant Unilever posts 5% drop in 2015 profits
GMT 14:51 2013 Monday ,02 December
12 killed in head-on minibus collision in South Africa
GMT 00:23 2013 Thursday ,26 September
In new report, climate experts to warn of sea peril
GMT 14:39 2014 Thursday ,28 August
Unrelenting nightmare: The cutthroat world
GMT 13:31 2017 Wednesday ,16 August
Brazilian army, police swoop on Rio suburbGMT 21:33 2011 Friday ,29 April
Pages from Jerusalem\'s past
GMT 07:59 2018 Wednesday ,24 January
Greenland, Faroe Islands tricky modelsGMT 02:35 2013 Friday ,04 January
Remote island hopes for Internet hookup
GMT 08:52 2018 Saturday ,13 January
Guantanamo prisoners sue Trump alleging anti-Muslim bias
GMT 07:11 2017 Thursday ,02 February
Hakim Ziyech to Play for Morocco in 2018 World Cup Qualifiers
GMT 02:06 2017 Tuesday ,21 March
Rome meet hopes to curb Libya migrant flows
GMT 14:03 2017 Thursday ,28 December
North Korea denies role in WannaCry ransomware attack
GMT 19:24 2011 Saturday ,01 October
KGOC signs KD 48.2-million contract with Burgan Drilling
GMT 13:15 2017 Wednesday ,01 November
Ministry encourages private schools progress
GMT 06:11 2015 Thursday ,22 October
Comedian Chris Rock to host Oscars againGMT 18:57 2012 Monday ,27 February
Binary Domain love, Lollipop Chainsaw
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor