Wirecard administrator sees strong interest from potential buyers

The administrator of collapsed German payments firm Wirecard said on Tuesday that more than 100 investors have expressed interest in buying the company’s core business and its holdings. “The aim is to find timely investor solutions in the interest of creditors, employees and customers,” Michael Jaffe said in a statement after a meeting of creditors. Jaffe added that the sale of Wirecard North America’s assets was most advanced, with investment bank Moelis & Company already mandated to support such a sale. …read more

Source:: Yahoo Finance

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.