Michael Jaffé: insolvency administrator expects the break-up of Wirecard

Wirecard insolvency administrator Michael Jaffé is expecting a sale of the payment processor in individual pieces. "There have already reported a variety of in

Michael Jaffé: insolvency administrator expects the break-up of Wirecard

Wirecard insolvency administrator Michael Jaffé is expecting a sale of the payment processor in individual pieces. "There have already reported a variety of investors from all over the world, the interest in the acquisition of the core business, or the independent and independent on the market successfully operating business divisions," said Jaffé on Tuesday evening after a meeting of the creditors ' Committee. These include financial investors, but also rivals such as the French Worldline belong to according to insiders. The creditors have given the green light for the engagement of specialized investment banks, to handle the sale of the individual Companies, explained the insolvency administrator.

Updated Date: 30 June 2020, 21:19

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