Market Overview

Cielo To Buy Merchant e-Solutions For $670M


Brazil's Cielo (OTC: CIOXY) agreed to buy Merchant e-Solutions for $670 million.

Merchant e-Solutions posted revenue of $124 million for the 12 months ended May 31.

Cielo shares closed at $29.62 on Friday.

Posted-In: merger and acquisitionNews M&A


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