Redecard in Talks to Buy Online Payment Company, Valor Says

Redecard SA (RDCD3) is in talks to acquire an e-commerce payment company, Sao Paulo-based Valor Economico newspaper reported, without saying where it obtained the information.

Redecard declined to comment, according to an e-mailed statement sent by the press department today.

To contact the reporters on this story: Telma Marotto in Sao Paulo at tmarotto1@bloomberg.net; Katerina Petroff in Sao Paulo at kpetroff@bloomberg.net

To contact the editor responsible for this story: Telma Marotto at tmarotto1@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.