Connect with us

Kawana 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 ...

Dance troupe SLAMS ‘creepy’ edit of its naval ship launch performance as PM weighs in
Woman who sparked Brisbane COVID scare after Melbourne trip sentenced