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

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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Date: Wednesday, 8 June 2016, 12:00 am

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