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Share Name | Share Symbol | Market | Type |
---|---|---|---|
MasterCard Incorporated | NYSE:MA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
5.79 | 1.31% | 449.37 | 450.4999 | 445.56 | 447.23 | 2,535,492 | 22:34:27 |
By Ian Walker
LONDON--Royal Bank of Scotland Group PLC (RBS.LN) said Thursday it will book a 150 million pound ($197.82 million) pretax gain in its accounts following Mastercard Inc.'s (MA) acquisition of VocaLink Holdings Ltd.
The bank, which is 73% owned by the U.K. government, said it will book the gain upon completion of the deal. It owns a 21.4% shareholding in VocaLink.
Earlier Thursday Mastercard said it was buying 92.4% of VocaLink for $920 million. The remaining 7.6% is owned by existing shareholders.
The deal is subject to regulatory and other approvals.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
July 21, 2016 08:42 ET (12:42 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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