Visa Europe

Investor's Business Daily

Visa Europe owners are in talks to sell it to the U.S.-based firm and set up a rival payment system on the continent, according to media reports. Sources told the Wall Street Journal that Visa Europe could be valued at $3 bil. A decision could come after an April board meeting. Visa Europe is owned by European banks and uses the Visa brand under license. Visa shares fell 1.3% to 156.

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