M&A
confidence high
sentiment positive
materiality 0.75
Euronet to acquire CoreCard for ~$248M in stock-for-stock merger; expected close late 2025
EURONET WORLDWIDE, INC.
- CoreCard valued at $248M ($30/share); exchange ratio 0.2783-0.3142 Euronet shares per CoreCard share based on 15-day VWAP.
- Deal adds credit card issuing platform; Euronet expects accretion in first full year post-close.
- Closing subject to CoreCard shareholder approval, HSR waiting period, and other customary conditions.
- Termination fee of $7.5M payable by CoreCard under specified circumstances.