Bird & Bird advised Mastercard on the Danish part of the acquisition of Nets' account-to-account payment business

As set out in Mastercard's press release, Mastercard has entered into an agreement to acquire the majority of the Corporate Services of Nets, for EUR 2.85 billion. The acquisition comprises the clearing and instant payment services, and e-billing solution of Nets' Corporate Service Business. The transaction, which is anticipated to close in the first half of 2020, is subject to regulatory clearances and other customary closing conditions. Mastercard expects the transaction to be dilutive for up to 24 months after the deal closes, primarily related to purchase accounting and integration related costs. 

Bird & Bird has advised Mastercard on the Danish part of the acquisition. The Bird & Bird team was led by partner Casper Moltke-Leth and primarily supported by partner Morten Nissen, senior associate Vivek Kailas, and senior associate Annette Printz Nielsen
 

News & Deals

More News & Deals
Deal Bird & Bird advises Gulermak Renewables Ltd on the acquisition of a 42.4 MW UK solar project

Jun 18 2025

Read More
News Bird & Bird wins Five Awards at the LMG Life Sciences Awards EMEA 2025

Jun 18 2025

Read More
Deal Bird & Bird advises Hoivatilat Oyj on the purchase of a care facility portfolio

Jun 17 2025

Read More
Deal Bird & Bird advises Aibidia on its $28 million Series B funding round

Jun 17 2025

Read More
Deal Bird & Bird advises PHINIA on cross-border acquisition of SEM

Jun 16 2025

Read More
News Bird & Bird Celebrates 38 Lawyers Named Global Leaders in IAM and WTR 2025 Rankings

Jun 12 2025

Read More