As reported last month, Mastercard wanted to beat Visa with a £233 million offer. That was designed to trump Visa’s earlier £198 million bid.
Now it’s exciting as an episode of the UK TV show Homes Under the Hammer (I’m joking – that show is the pits) as Visa is up for an all-mighty rumble.
Unsurprisingly, Earthport, which had backed the Mastercard offer, is now recommending its shareholders accept the increased Visa offer.
