Visa Acquires Visa Europe, a Division Visa Split off From Ahead of the Company's 2008 IPO, for $23.4 Billion

Visa Inc. has recently announced that it would acquire its former European arm Visa Europe, for as much as €21.2 billion ($23.4 billion) in cash and stock—an agreement that would bring Visa's global operations under one roof.

The transaction includes an upfront consideration of €16.5 billion with the potential for an additional earn-out of up to €4.7 billion ($5.18 billion) payable following the fourth anniversary of closing, for a total value of up to €21.2 billion. The upfront consideration comprises €11.5 billion ($12.68 billion) of cash and preferred stock convertible into Visa Inc. class A common stock valued at €5 billion ($5.51 billion).

Visa Inc. and Visa Europe were part of the same umb ...

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