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First Data Corp (FDC.N)

FDC.N on New York Stock Exchange

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Thu, May 24 2018

Italy's SIA buys First Data's cards processing businesses in southeastern Europe

MILAN, May 24 U.S. electronic payment services group First Data has agreed to sell its card processing businesses in parts of central and southeastern Europe to Italian rival SIA for 375 million euros ($440 million).

BRIEF-SIA Buys First Data's Card Processing Businesses In Central, Southeastern Europe

* SIA ACQUIRES CARD PROCESSING BUSINESSES IN CENTRAL AND SOUTHEASTERN EUROPE FROM FIRST DATA

BRIEF-First Data Says For Q1, Co Will Record Cumulative Adjustment To Retained Earnings Of About $15 Mln

* FIRST DATA CORP - FOR Q1, CO WILL RECORD A CUMULATIVE ADJUSTMENT TO RETAINED EARNINGS OF ABOUT $15 MILLION TO APPLY NEW REVENUE STANDARD

BRIEF-First Data Corp Says CEO Bisignano's FY 2017 Total Compensation Was $102.2 Mln

* FIRST DATA CORP SAYS CEO FRANK BISIGNANO'S FY 2017 TOTAL COMPENSATION WAS $102.2 MILLION WHICH INCLUDED $99.9 MILLION IN STOCK AWARDS - SEC FILING

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