Connect with us

Hervey Bay News

Brisbane firm’s monster European deal to make it global powerhouse

Published

on

ADVERTISEMENT



The digital banking outfit announced Wednesday that it would shell out up to $170m in both cash and shares to buy all the stock in European payments provider Sentenial.The conditional deal, which must still clear regulatory hurdles, will see an immediate payment of $108.6m and includes the promise of another $62.1m if a number of performance hurdles are cleared.EML already provides prepaid cards and digital gift cards in 28 countries but the addition of Sentential is expected to turbocharge…



Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

How are you boosting your daily physical activity? With the cooler months just …
Extortion trial of Suzi Taylor, Ali Ebrahimi delayed again