Brookfield agreed to acquire Network International, a technology-enabled payments solutions provider, for £2.2bn. "The strength of Network's people and technology platform has enabled it to build on its position as a leading payment solution provider across the Middle East and Africa. The Enlarged Group will be well positioned to serve its customers and partners, and support the acceleration of digital payments in the markets it serves," Ron Kalifa, Network Chairman. Network recommended Brookfield's offer over the one from Francisco Partners and CVC Capital.