FIFTH THIRD 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.


More on this story:

http://www.finextra.com/fullstory.asp?id=19843


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Posted by John B. Frank Monday, March 30, 2009

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