January 17, 2018 / 6:39 AM / 6 months ago

BRIEF-Ingenico Group Reaches Agreement To Acquire Paymark

Jan 17 (Reuters) - INGENICO GROUP SA:

* INGENICO GROUP REACHES AN AGREEMENT TO ACQUIRE PAYMARK, A NEW ZEALAND LEADER IN PAYMENT PROCESSING

* INGENICO GROUP REACHES AN AGREEMENT TO ACQUIRE PAYMARK

* CLOSING IS EXPECTED TO OCCUR DURING THE SECOND QUARTER OF 2018. ‍​

* TRANSACTION IS SUBJECT TO RELEVANT REGULATORY CONSENTS

* PAYMARK WILL BE INTEGRATED WITHIN THE BANKS & ACQUIRERS BUSINESS UNIT Source text: bit.ly/2Da2h3W Further company coverage: (Gdynia Newsroom)

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