The US credit card provider Visa Inc. (NYSE) buys for more than $ 20 billion back the Europe-separated business years ago. The Group hopes to strengthen its position in the competition with Mastercard. More than $16 billion in cash and shares has immediately been paid by Visa Inc. to the shareholders of Visa Europe Ltd. Up to $4 billion can be inflated in the coming years - depending on the achievement of certain earnings targets.
Iuslake has advised a group of well-known German shareholders on the trans-boundary transaction. The complexity of the transaction was characterized both by its large volume and the large number of shareholders involved worldwide, as well as by cartel- and capital-market regulations of the purchaser being listed on the NYSE.
Iuslake has led the transaction nationally and internationally. Iuslake has cooperated with renowned foreign law firms and integrated their respective legal advice.
