Visa will hold an initial public offering
The initial public offering of VISA shares, which the company talked about last year, will be held in 2008. The application for an IPO that Visa sent to the US Securities and Exchange Commission means that the company plans to raise about $ 10 billion through the issue of shares.
On the eve of the initial public offering, the world's leading payment system published its financial results: for three quarters, the company's net profit was $ 771 million (76% more than the same period a year earlier), revenue was $ 3.73 billion (for the whole (!) Past) $ 3.91 billion). In 2006, Visa processed 44 billion transactions worth $ 3.2 trillion.
If the IPO passes, as planned by Visa, it will become the second largest initial public offering in the United States: in 2000, AT & T Wireless, the mobile operator, raised $ 10.62 billion in shares.
On the eve of the initial public offering, the world's leading payment system published its financial results: for three quarters, the company's net profit was $ 771 million (76% more than the same period a year earlier), revenue was $ 3.73 billion (for the whole (!) Past) $ 3.91 billion). In 2006, Visa processed 44 billion transactions worth $ 3.2 trillion.
If the IPO passes, as planned by Visa, it will become the second largest initial public offering in the United States: in 2000, AT & T Wireless, the mobile operator, raised $ 10.62 billion in shares.
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Source: https://habr.com/ru/post/16104/
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