UPDATE 1-Santander Brasil pays $367 mln to take over card processor Getnet [Reuters]
PagSeguro Digital Ltd. Class A Common Shares (PAGS)
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Source: Reuters
Santander Brasil pays $367 million to take over card processor Getnet | Reuters 1 Min Read SAO PAULO (Reuters) - Santander Brasil ( SANB11.SA ) has become the sole owner of card processor Getnet Adquirencia e Servicos para Meios de Pagamento S.A. after buying an outstanding 11.5 percent stake in the firm for 1.43 billion reais ($367.29 million), it said on Wednesday. The bank’s full takeover of Getnet could add fuel to already fierce competition in the card processing sector, as it could make more aggressive offers to its customers. Minority shareholders Manzat Inversiones AAU SA and Guilherme Alberto Berthier Stumpf exercised an option to sell their shares to Santander Brasil, the bank said in a securities filing. Getnet holds a 14 percent market share in the card processor sector, competing with Cielo SA ( CIEL3.SA ), Rede SA and upstarts PagSeguro Digital Ltd ( PAGS.N ) and StoneCo Ltd ( STNE.O ). Reporting by Carolina Mandl; editing by Jason Neely and Jan Harvey All quote
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News
- PagSeguro (PAGS) is Aiming for 16%+ EPS Growth [Yahoo! Finance]Yahoo! Finance
- PagSeguro Digital (NYSE:PAGS) shareholders have endured a 82% loss from investing in the stock five years ago [Yahoo! Finance]Yahoo! Finance
- PagSeguro Digital (NYSE:PAGS) had its price target raised by analysts at UBS Group AG from $12.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
- PagSeguro Digital Ltd (PAGS) Q3 2025 Earnings Call Highlights: Strong Client Growth and Robust ... [Yahoo! Finance]Yahoo! Finance
- PagSeguro Digital (NYSE:PAGS) had its price target raised by analysts at Susquehanna from $11.00 to $12.00. They now have a "positive" rating on the stock.MarketBeat
PAGS
Earnings
- 11/12/25 - Beat
PAGS
Sec Filings
- 12/30/25 - Form 6-K
- 12/22/25 - Form 6-K
- 12/11/25 - Form 6-K
- PAGS's page on the SEC website