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Fiserv Continues European Growth by Closing Acquisition of AIB Merchant Services

1. Fiserv completes acquisition of remaining 49.9% of AIB Merchant Services. 2. The deal enhances Fiserv's growth potential in the European market.

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FAQ

Why Bullish?

Acquiring full ownership of AIBMS allows for greater strategic control in Europe, similar to historical examples where companies gained market share through full acquisitions.

How important is it?

The acquisition directly impacts Fiserv's competitive positioning and long-term revenue potential in Europe, making it highly relevant.

Why Long Term?

While immediate financial impacts may vary, the strategic benefits from this acquisition are expected to drive growth over several years.

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AIBVMA
MILWAUKEE & DUBLIN--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced it has completed its acquisition of the remaining 49.9% of AIB Merchant Services (AIBMS), the company's longstanding joint venture with AIB Group. The acquisition supports Fiserv's growth in the broader European market, including expanding growth opportunities for Clover, the world's smartest point-of-sale system, across the region. AIBMS is one.

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