Automatic Bank Services ('Shva') holds a monopoly position as the dominant card network operator in Israel, yet trades at irrationally low multiples (11x EV/EBITDA, 14x P/E ex cash) for temporary ...
The $35 billion takeover of Discover Financial Services (NYSE:DFS) by Capital One Financial Corp (NYSE:COF) creates the U.S.’ biggest credit card operator, and a major headache for rivals Visa Inc ...
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