Feb 20 (Reuters) - U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 billion to create a global payments giant. The deal, by value, is the biggest ever to be inked in the credit card sector globally, according to data from Dealogic. Here is a rundown of the biggest credit card industry deals across the world: Acquirer Target Deal value Period Capital One Discover $35.3 bln 2024 Financial Bank of America MBNA Corp $35.19 bln 2005 (100%) Existing Synchrony $21.63 bln 2015 Shareholders Financial (84.6%) Existing Discover $21.25 bln 2007 Shareholders Financial Services (100%) Shinhan Financial LG Card Co Ltd $7.2 bln 2006 Group (78.58%) Itau Unibanco Redecard SA $6.82 bln 2012 Holding SA (49.99%) Shinsei Bank Ltd Aplus Co Ltd $5.41 bln 2004 (67.74%) First Data Corp Banc of $3.8 bln 2009 America Merchant Services LLC (46.5%) Citigroup Federated $3.6 bln 2005 Department Stores Inc (Credit Card Portfolio, 100%) Citigroup Sears Roebuck $3.2 bln 2003 & Co (credit card business, 100%) Capital One HSBC Holdings $2.5 bln 2011 Financial (US credit card business, 100%) * Source: Dealogic * Deal value including debt (Compiled by Manya Saini in Bengaluru; Editing by Shilpi Majumdar)
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Other stock markets
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5-day change | 1st Jan Change | ||
142.5 USD | -0.24% | +0.48% | +8.67% |
05-09 | Capital One Financial Insider Sold Shares Worth $2,416,529, According to a Recent SEC Filing | MT |
05-07 | Dealmakers eye all-stock deals as US rate cut hopes fade | RE |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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46,500 KRW | -1.69% | -0.32% | 17.65B | ||
142.5 USD | -0.24% | +0.48% | 54.58B | ||
124 USD | +0.38% | -0.38% | 30.97B | ||
63.32 USD | +0.91% | +2.89% | 120B | ||
38.28 USD | +1.51% | +3.80% | 295B | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+8.67% | 54.58B | |
+27.65% | 170B | |
-6.48% | 8.11B | |
+24.79% | 536M | |
+0.30% | 491M | |
+7.16% | 313M | |
0.00% | 177M |
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