Clifford Chance (CC) has won its first major corporate instruction for MasterCard as the US financial services group moves to expand its e-commerce business in a £333m takeover. The deal saw MasterCard acquire DataCash, a UK-based provider of electronic card and payment processing and chip and pin fraud management. The target instructed Denton Wilde Sapte. CC fielded a team led by London-based corporate partner Lee Coney for MasterCard. Other senior lawyers acting included financial institutions partner Tim Page and antitrust partner Greg Olsen.
September 03, 2010 at 10:58 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has won its first major corporate instruction for MasterCard as the US financial services group moves to expand its e-commerce business in a £333m takeover.
The deal saw MasterCard acquire DataCash, a UK-based provider of electronic card and payment processing and chip and pin fraud management. The target instructed Denton Wilde Sapte.
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