Betaville

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

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

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

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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