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Brazil’s Cielo to buy MeS of U.S. for $670M

SAO PAULO–Cielo SA (CIOXY, CIEL3.BR), Brazil’s largest credit-card networking company by revenue and market share, said Monday that it signed an agreement to acquire U.S.-based Merchant e-Solutions, or MeS, for $670 milli…

Jul. 2, 2012 at 7:18 a.m. ET

by MarketWatch