Sharechat Logo

Smartpay sells its NZ operations to VeriFone for $70m

Thursday 28th November 2019

Text too small?

Eftpos processor Smartpay Holdings has announced the sale of its New Zealand assets to US-based VeriFone for $70 million at the same time as reporting a $739,000 first-half net loss. Smartpay shares, which had already been rising in recent days, jumped 38.2 percent to 38 cents on the news, giving... 

Read the full story at BusinessDesk

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar rises on CPI data, capped by virus fears
U.S. Auto Tariffs Still Option If Protectionism Stays, Ross Says
Stocks Edge Higher With Virus Fallout in Focus: Markets Wrap
24th January 2020 Morning Report
Australia’s Unemployment Rate Unexpectedly Falls to 5.1% in December
Cannasouth appoints experienced new CFO
Technology Shares Climb on Tax Accord, Oil Tumbles
23rd January 2020 Morning Report
NZ dollar falls as coronavirus spreads beyond China
Cash is trash, hold some gold

IRG See IRG research reports