The divestment follows Mastercard’s strategic review of its portfolio.
Highlights:
- Mastercard is set to sell its Nets payments unit.
- The acquisition price for Nets was $3.2 billion.
- This divestment is part of Mastercard’s strategic portfolio review.
Mastercard has announced plans to sell its payments unit, Nets, which it purchased for $3.2 billion.
This divestment comes as Mastercard conducts a strategic review of its business portfolio.
The sale of Nets reflects Mastercard’s ongoing adjustments in the competitive payments landscape.
Details about the buyer and sale process have not been disclosed yet.
