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MasterCard Going Public

by Peter Andrew


Incorporated announced yesterday its intention to change its

ownership structure and become a publicly-traded company. Currently

an association of over 1400 financial institutions worldwide,

the new structure would give the current pool of owners 41%

of the company, while 49% would be publicly-owned shares, and

10% will be held by a newly-established charitable foundation.


move was seen in many circles as a way for MasterCard to raise

money that would finance a strong push to compete with Visa.


did not specify when the Initial Public Offering might take



See February 17, 2006 article, MasterCard

Postpones IPO for more information.

Published 09/01/05 (Modified 05/07/12)

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