LONDON—Russian billionaire Vladimir Potanin’s Interros group said on Monday it had bought United Card Services, part of Global Payments Inc, its third deal in three weeks as it snaps up financial assets from buyers exiting the Russian market.
Global Payments confirmed it was exiting its Russian business as it released its first quarter results on Monday. The value of the deal was not disclosed.
Potanin, 61, is the head of mining giant Norilsk Nickel (Nornickel), which has benefited from high metals prices in recent months. He is Russia’s second-richest man with a fortune of $17.3 billion, according to Forbes magazine.
…