Fifth Third Bancorp has signed a definitive agreement to sell a 51% stake in its payments processing unit to private equity outfit Advent International for $561 million.
http://www.finextra.com/fullstory.asp?id=19843
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Monday, March 30, 2009
FifthThird Sells 51% Stake in Processing Unit
Fifth Third Bancorp has signed a definitive agreement to sell a 51% stake in its payments processing unit to private equity outfit Advent International for $561 million.
http://www.finextra.com/fullstory.asp?id=19843
