Radar > 234426

Servired, 4B and Euro 6000 could merge

Servired, 4B y Euro 6000 podrían estar negociando su fusión

Intel ID : 234426
Synopsis

Servired, 4B and Euro 6000 could be revisiting their merger project aiming to create only one payment system, as published by newspaper Cinco Dias on 4 March 2016, citing several sources.

Furthermore, in 2008, Servired and 4B tried to merge, but the Competition authority denied it in 2010. Among other reasons, it considered the deal would deplete competition. At present, the two organizations invited Euro 6000 to participate in the working groups. Financial sources suggest there seems to be less reason now for the CNMC to oppose the merger, but also acknowledged that they have not yet submitted a formal consultation.

For now, the three payment systems have created teams to continue their proposed merger, although it is true that Servired and 4B are more advanced than Euro 6000. If this merger materializes, the group would be one of the largest payment systems in Europe.
(content in spanish)

Servired, 4B y Euro 6000 podrían haber retomado su proyecto de fusión con el objetivo de crear un gran y único sistema de medios de pago, según ha publicado el diario Cinco Días el 4 de marzo de 2016, basándose en diversas fuentes.

Hay que tener en cuenta que en 2008 Servired y 4B intentaron su fusión, pero Competencia la frustró en 2010, entre otras razones porque consideraba que mermaba la competencia. Ahora han invitado también a Euro 6000 a participar en los grupos de trabajo. Fuentes financieras apuntan a que ahora parece que hay menos razones para que la CNMC se oponga a la fusión, pero también reconocen que aún no han presentado ninguna consulta oficial.

De momento, los tres sistemas de pago han creado equipos de trabajo para seguir con su proyecto de fusión, aunque es cierto que Servired y 4B lo tienen más avanzado que Euro 6000. Si lograran llevar a cabo esta fusión se colocarían como uno de los principales sistemas de pago de Europa.

Target


Intel ID 234426
Value ND
Native Currency Euro (EUR)
Financial Data - Servired
(31 Dec 2021)
Revenue: EUR 3,35m
Net Debt: EUR 567,55m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Primary Sector (TTRSC)
25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

Country
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    
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Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.