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Visa shows books before going public
June 25, 2007

New York - Visa, the world's largest credit card company, earned $465 million (R3 billion) last year, according to a regulatory filing that gave investors a first look at the company's books ahead of a proposed initial public offering.


Operating revenue was $3.9 billion and operating expenses were $3.19 billion for the financial year to September last year, according to the filing, which detailed a reorganisation of the US company. - Bloomberg
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