Mastercard to invest $300 million in Network International IPO

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Mastercard to invest $300 million in Network International IPO
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Global payments giant Mastercard has said it will invest $300 million as a corne...

A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/Illustration

Dubai-based Network International is the largest payments processor in the Middle East and Africa and set to be the first international IPO in London this year.Mastercard said it would invest in shared projects with Network International in the Middle East and Africa as part of the deal.

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