April 25, 2019 BY Valentina Kirilova

Wirecard teams up with SoftBank for APAC push

Japan’s technology company SoftBank Group Corp (TYO:9984) has announced that it will invest €900 million in Wirecard (ETR:WDI), the German digital payments company. SoftBank will buy 5-year Wirecard bonds that can convert into an equity stake. The Japanese company stated that the bonds will convert into a 5.6% stake in Wirecard at a price of…

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