Mastercard Eyes £400M Vocalink Stake Sale: FT (MA:NYSE)

Mastercard examines sale of UK payments subsidiary Vocalink, FT reports

Mastercard is exploring the sale of a majority stake in its ​UK payments subsidiary Vocalink back to British banks ‌as it responds to concerns about a critical asset being under U.S. ownership, the Financial Times reported on Monday citing people briefed on the ​talks.

Mastercard eyes £400M Vocalink stake sale: FT (MA:NYSE)

Mastercard may sell a 51% stake in UK payments firm Vocalink to British banks amid ownership concerns.

Mastercard explores sale of UK payments subsidiary Vocalink, FT reports

LONDON - ​Mastercard is exploring the sale of a majority ​stake in its UK ‌payments subsidiary Vocalink back to British banks as it responds to concerns about a critical asset being under US ownership, the Financial Times reported on Monday ​citing ⁠people briefed on the talks.

Mastercard's Vocalink rumors and the rise of payment protectionism

The card network may sell a London-based processing subsidiary, reportedly amid government pressure on U.S. payments domination in local markets.

Mastercard Looks to Sell a Major Piece of Vocalink, Its U.K. Payments Business

Mastercard Inc. is looking to sell a majority interest in its United Kingdom-based Vocalink payments-processing business, according to press reports that emerged early Monday. DeliveryCo, a technology company backed by U.K. banks and payments platforms, is reportedly a potential buyer. A 51% stake in 19-year-old Vocalink could fetch nearly $535 million, according to estimates reported by the Financial Times, a U.K-based newspaper. A Mastercard s…

Mastercard dismisses links selling Vocalink to DeliveryCo

Mastercard has declined to comment on the speculation linking it with the sale of its UK retail payment company Vocalink.  Mastercard is reportedly looking to sell Vocalink, its UK retail payments subsidiary, in a deal worth a reported $535m.  The global card network’s majority 51% stake in Vocalink could be sold to DeliveryCo – the new UK government-backed corporate entity to design the next generation of UK payments – according to sources whic…