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Insolvency Administrator Dr Michael Jaffé: Wirecard Subsidiaries in Australia, Hong Kong, Indonesia, Malaysia, Philippines and Thailand Sold - Significant Progress Made in Sale of Assets

Share: MUNICH, GERMANY / ASCHHEIM, GERMANY / AMSTERDAM, NETHERLANDS / ACCESSWIRE / April 16, 2021 / In the insolvency proceedings concerning the assets of Wirecard AG and Wirecard Sales International Holding GmbH additional companies of the group have been successfully sold off. Following an extensive international bidding process, agreements have been reached on the sale of several subsidiaries in the Asia-Pacific region. Insolvency administrator Michael Jaffé secured a sale of the shares in Wirecard e-Money Philippines, Inc., Wirecard Payment Solutions Malaysia Sdn. Bhd., Wirecard (Thailand) Co., Ltd. and Wirecard Payment Solutions Hong Kong Limited to Nomu Pay Ltd, a company owned by British and Dutch Technology Investment Firm Finch Capital following a further investor process. The sales agreement signed this week also covers assets and licences associated with the data warehouse of Wirecard Asia Holding Pte. Ltd. and Wirecard Singapore Pte. Ltd. At least 110 jobs will be reta

Sebastian Brunner Communications: Insolvency Administrator Dr Michael Jaffé: Wirecard Subsidiaries in Australia, Hong Kong, Indonesia, Malaysia, Philippines and Thailand Sold

Sebastian Brunner Communications: Insolvency Administrator Dr Michael Jaffé: Wirecard Subsidiaries in Australia, Hong Kong, Indonesia, Malaysia, Philippines and Thailand Sold
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Sale of Wirecard Core Assets Completed - Around 500 Employees Switch to Getnet Platform

Press release content from Accesswire. The AP news staff was not involved in its creation. Sale of Wirecard Core Assets Completed - Around 500 Employees Switch to Getnet Platform January 28, 2021 GMT MUNICH and ASCHEIM, GERMANY / ACCESSWIRE / January 28, 2021 / Another important success has been achieved in the insolvency proceedings concerning the assets of Wirecard AG and Wirecard Technologies GmbH: Despite the challenging circumstances the sale of the Wirecard core assets to Banco Santander group was closed today. Around 500 employees will become part of Santander’s Getnet platform. Thereby, almost all of the remaining jobs at the Aschheim site near Munich are preserved. Mid-November 2020, Banco Santander and insolvency administrator Dr. Michael Jaffé had signed a contract with respect to the sale of the European technology platform of the insolvent payment service provider and highly specialized technological assets.

Investegate |Sebastian Brunner Announcements | Sebastian Brunner: Sale of Wirecard core assets completed

Wirecard Technologies GmbH, Aschheim Around 500 Employees switch to Getnet Platform Munich/Aschheim, January 28, 2021.  Another important success has been achieved in the insolvency proceedings concerning the assets of Wirecard AG and Wirecard Technologies GmbH: Despite the challenging circumstances the sale of the Wirecard core assets to Banco Santander group was closed today. Around 500 employees will become part of Santander s Getnet platform. Thereby, almost all of the remaining jobs at the Aschheim site near Munich are preserved. Mid-November 2020, Banco Santander and insolvency administrator Dr. Michael Jaffé had signed a contract with respect to the sale of the European technology platform of the insolvent payment service provider and highly specialized technological assets.

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