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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Visa Inc | NYSE:V | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.09 | 1.15% | 271.58 | 271.92 | 269.57 | 269.65 | 2,435,287 | 20:17:02 |
By Denny Jacob
Visa entered into an agreement to acquire a majority interest in Prosa, a payments processor in Mexico.
The payments-networks company said Prosa will operate as an independent company with its own technology infrastructure under the agreement, while Visa looks to expand Prosa's product offering with new digital solutions, among other efforts.
The transaction is expected to close in the second half of 2024.
Visa didn't give financial details of the transaction.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
December 15, 2023 16:28 ET (21:28 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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