Payment processor Nets acquired for $5.3 billion

BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. US private equity firm Hellman & Friedman acquired Denmark-based payment processorNets for $5.3 billion,accordingto The Wall Street Journal. Netsenablesmerchants, corporations, and banks to accept and process credit and debit card transactions, as well as online payments, across the Nordic region. The offer — which marks one of the largest private equity ...