By Noel Young

Visa Inc. is set to clinch the biggest deal in its history—by buying a company named Visa.

The Wall Street Journal reports the California-based payments network is in advanced negotiations to buy its European counterpart—Visa Europe—for about $22 billion. The deal would unite Visa’s global operations under one roof.

Visa Inc., which has held talks over the years with Visa Europe, confirmed in recent months that it was moving ahead with negotiations and would try to finish the deal by the end of October, said the Journal.

Analysts say that they expect a deal could be announced as soon as Monday Read full story ›

Source: The Drum