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.

And a couple of weeks ago weekend a German newspaper Bild am Sonntag reported that Alipay, a subsidiary of Jack Ma's Alibaba, is in negotiations with Wirecard about buying a 25pc stake in Wirecard...


Register for free to see rest of this article and all public articles from Betaville

Login / Register

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation