DataCash

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Deal expands MasterCard’s online presence in Europe

MasterCard Inc. will buy U.K. payment services company DataCash Group Plc for $520 million in cash to expand its online commerce business and take market share abroad.

The world’s second-largest credit and debit card payment processing network said it is paying  a 54 percent premium to DataCash’s Wednesday closing price. DataCash’s shares rose to a 10-year high. Get the full story »