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Pine Labs in talks to buy German Wirecard's Asia business: Report
short by Aishwarya / on Friday, 3 July, 2020
Indian payment solutions provider Pine Labs has held talks to buy out the Asian business of German payments company Wirecard, Bloomberg reported. There is no information available yet on the valuation and finances of Wirecard's Asian operations. Earlier, Wirecard had filed for insolvency after disclosing that $2 billion had gone missing from its accounts.
read more at BloombergQuint