Cornèr Bank Ltd. announces plan to acquire Diners Club Italia and Dinit from Discover Financial Services

Diners Club InternationalLtd., a subsidiary of Discover Financial Services, and Cornèr Bank Ltd. have reached an agreement for Cornèr Bank to acquire Diners Club Italia S.r.l. and Dinit d.o.o. from Discover Financial Services. The transaction is contingent upon approval from the relevant supervisory authorities and is expected to be completed by the end of 2015.