Bloomberg News

Redecard in Talks to Buy Online Payment Company, Valor Says

February 17, 2012

(Adds company’s comment on second paragraph.)

Feb. 17 (Bloomberg) -- Redecard SA 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.

--Editor: Adriana Brasileiro

To contact the reporters on this story: Telma Marotto in Sao Paulo at; Katerina Petroff in Sao Paulo at

To contact the editor responsible for this story: Telma Marotto at

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