First Data Corporation acquired the remaining 49% stake in European Merchant Services B.V. from ABN AMRO Bank N.V. for $56 million.

First Data Corporation acquired the remaining 49% stake in European Merchant Services B.V. from ABN AMRO Bank N.V. for $56 million on September 25, 2023. Fiserv, which previously owned 51% of EMS, and ABN AMRO has reached agreement on the sale of its minority stake in EMS to Fiserv. Michael Schouten and Henk van Ravenhorst of De Brauw Blackstone Westbroek N.V. acted as legal advisor to ABN AMRO Bank.

First Data Corporation completed the acquisition of the remaining 49% stake in European Merchant Services B.V. from ABN AMRO Bank N.V. on September 25, 2023. Corestar Partners GmbH acted as financial advisor to ABN AMRO Bank N.V.