Mastercard considers sale of payments unit acquired from Nets – report

Mastercard is seeking to offload the real-time payments unit it acquired from Denmark’s Nets Group, reported the Financial Times (FT), citing sources. The sale, if materialised, would unwind the credit card giant’s largest ever takeover deal, noted the news publication. Mastercard has hired investment bankers to manage the sale, which could draw interest from private equity groups, the unnamed sources said. However, the company is likely to fetch a lower price than the $3.2bn it originally paid for the ...