Deal snapshot: RA
MANews-(C)2009-2022
US-based fintech company Rêv Worldwide, Inc and payment technology, in partnership with funds advised by Searchlight Capital Partners, L.P., has entered into a definitive agreement to acquire the Netspend consumer business from US-based software solutions provider Global Payments (NYSE: GPN) in an all cash transaction valued at USD 1bn, the company said.
The acquisition brings back Netspend's founders, Roy and Bertrand Sosa...
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