Bank Zachodni WBK gets €63 mln from Visa deal

Bank Zachodni WBK, a unit of Spanish Santander, will receive €46.7 million (PLN 205.6 million) in cash and €16 million (PLN 70.4 million) in Visa Inc. shares in exchange for its stake in Visa Europe, the bank informed in a market filing. The provisions of the transaction are expected to be completed in the second quarter of 2016. In November last year, Visa…

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