Largest Deal in Payments and it did not happen in the US, Nets $3.14 Bn acquisition by US PE firms

4 years after purchasing Royal Bank of Scotland’s processing unit, PE firms Advent International and Bain Capital are at it again. This time the two US Based groups collaborated with Danish Pension Fund ATP Group to buy payment services company Nets Holding from a group of Nordic banks for $3.14 Bn (17 billion Danish crowns). After a strategic review last year, Nets (best known as the biggest in Card transactions ...

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