FDR Merchant Business
October 16, 2007 – Is FDR building an international merchant services brand that KKR can eventually spin out? Certainly a possibility given the recent announcement of POSNET in Canada following POSNET in Argentina and Uruguay. As a refresher, FDR acquired Argencard in Argentina last year and has been building a formidable business in Europe. Additionally, in Asia-Pacific it has a JV with Standard Chartered. Stay tuned…
Posted by Ali Raza on Sunday, October 21, 2007