Brookfield / Barclays Merchant Acquiring 2024
Brookfield Asset Management acquired Barclays Merchant Acquiring on November 20, 2024.
- Target
- Barclays Merchant Acquiring
- Acquirer
- Brookfield Asset Management
- Announced
- November 20, 2024
- Sub-sector
- Payments
Transaction overview
- Brookfield Asset Management announced the acquisition of Barclays Merchant Acquiring on November 20, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
Brookfield to invest in growth of Barclays' No. 3 European merchant acquiring business while Barclays exits non-priority segments.
Deal terms & multiples
Frequently asked questions
When did Brookfield Asset Management announce the acquisition of Barclays Merchant Acquiring?
Brookfield Asset Management announced the acquisition of Barclays Merchant Acquiring on November 20, 2024.
What sub-sector is Barclays Merchant Acquiring in?
Barclays Merchant Acquiring is tracked in the Payments sub-sector.
Sources
- americanbanker.com /payments/news/paypal-expands-stablecoin-and-barclays-selling-merchant-business