JPMorgan Chase & Co

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PayPal Acquires a European Company for $ 2.2 Billion

PayPal Holdings acquires iZettle, one of Europe's most popular financial starters. The value of the deal is $ 2.2 billion, the companies said.

The agreement will allow PayPal to expand its presence in the global payments and represent the largest acquisition in the history of the San Jose-based company in California.