Visa Inc - Ordinary Shares - Class A

NYSE:V  
246.40
-1.52 (-0.61%)
Earnings Announcements, Mergers / Acquisitions

Visa To Acquire European Open Banking Platform Tink For 1.8 Billion Euros

Published: 06/24/2021 07:08 GMT
Visa Inc - Ordinary Shares - Class A (V) - Visa to Acquire European Open Banking Platform Tink.
Visa Will Pay Total Financial Consideration of 1.8 Billion Euros, Inclusive of Cash and Retention Incentives, to Acquire Tink.
Tink Will Retain Its Brand and Current Management Team, and Its Headquarters Will Remain in Stockholm, Sweden.
Transaction Will Have No Impact on Visa's Previously Announced Stock Buyback Program Or Dividend Policy.
Visa Will Fund Transaction From Cash on Hand.
Revenue is expected to be $6.5 Billion
Adjusted EPS is expected to be $1.53

Next Quarter Revenue Guidance is expected to be $6.91 Billion
Next Quarter EPS Guidance is expected to be $1.74

More details on our Analysts Page.