Mastercard in £333m deal for DataCash

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp John Dunne Show Comments ▼ Tags: NULL MasterCard has agreed to buy British payment service provider DataCash Group for about £333m in cash to expand its e-commerce business.MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share, representing a 54 per cent premium to DataCash’s Wednesday close.“The acquisition of DataCash will expand our already significant e-commerce merchant gateway presence in Asia and Australia to European countries and other high-growth, emerging markets worldwide,” MasterCard chief executive Ajay Banga said in a statement.The deal is expected to be complete by the end of October whatsapp Mastercard in £333m deal for DataCash Thursday 19 August 2010 4:18 am Sharelast_img

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