Posts tagged: Wirecard

Chinese said to be in talks with Wirecard about purchasing a 25pc stake; could make a move on the whole company - part 5

Wednesday, 3 October 2018, 10:01 am

If you have been following the fortunes of Wirecard over the last couple of years then this piece (see the link below) by the venerable Financial Timesis worth a read.

Wirecard, a digital payment processing company, was recently promoted to the Germany's blue chip index Dax after seeing its shares surge over the last couple of years and its market cap grow to EURO 23 billion.

But the chaps at the FT have had a bee in their bonnet about Wirecard since 2016.....

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Chinese said to be in talks with Wirecard about purchasing a 25pc stake; could make a move on the whole company - part 4

Friday, 17 August 2018, 4:45 pm

Remember Wirecard?

Let me remind you in case you don't: it's the controversial German payment company that two years ago was the focus of a public attack by short sellers.

And two years ago, Betaville broke a series of stories about how Wirecard had seen interest from the Chinese, possibly China Mobile, about buying a large stake in the business. Below is a link to one of those pieces:..

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Chinese said to be in talks with Wirecard about purchasing a 25pc stake; could make a move on the whole company - part 3

Monday, 11 July 2016, 6:32 pm

I have a little update on the Wirecard story I wrote about a few weeks ago.

Regular readers will be well aware that about a month ago I broke a story about how Wirecard is/was in talks with a mystery Chinese investor, thought to be China Mobile, about purchasing a 25pc stake in Wirecard or, possibly, the entire company...

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Chinese said to be in talks with Wirecard about purchasing a 25pc stake; could make move on the whole company - sources

Wednesday, 8 June 2016, 12:00 am

A mystery Chinese company is in talks with German payment processor outfit Wirecard about a deal to buy a significant stake in the business or even purchase the group outright.

According to well-placed sources, a Chinese telecoms company has been talking to Wirecard, whose current market capitalisation stands at EURO 4.7 billion, for quite some time about a partnership and a potential deal...

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