January 24, 2020 / 11:08 AM / a month ago

WEX to acquire eNett and Optal for $1.7 bln

Jan 24 (Reuters) - Financial technology service provider WEX Inc said on Friday it agreed to buy payments services providers eNett and Optal for $1.7 billion.

The deal consideration consists of $1.275 billion in cash and about 2 million common shares of WEX.

Reporting by Bharath Manjesh in Bengaluru; Editing by Aditya Soni

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