Mastercard gets regulatory approval to acquire VocaLink
Tuesday, April 11, 2017 at 10:10AM
Mastercard received approval fromm the UK’s Competition & Markets Authority’for the completion of the company’s planned acquisition of VocaLink Holdings Limited. The CMA gave final approval for the proposed set of remedies that address the competition concerns the CMA identified earlier this year. The deal is now expected to close in the coming weeks.
“We believe the future of payments will be defined by choice,” said Michael Miebach, chief product officer, Mastercard. “Adding bank account-based payments alongside our card network extends what we can do and how we can do it. Together, we’ll be one partner to meet all payment needs of businesses, governments and consumers.”





















