Euronet Worldwide acquired Piraeus Bank Merchant Acquiring business for €317.8 million (~$350.6 million), a transaction announced in March 2022.
Acquired the merchant acquiring business of Greece's largest bank (~205,000 POS terminals at 170,000 merchants) alongside a long-term strategic partnership, making Euronet the bank's exclusive merchant-acquiring partner.
Acquired the merchant acquiring business of Greece's largest bank (~205,000 POS terminals at 170,000 merchants) alongside a long-term strategic partnership, making Euronet the bank's exclusive merchant-acquiring partner.
The purchase price was €317.8 million, or approximately $350.6 million, which includes $331 million cash paid at closing.
Advisory firms were not disclosed for this transaction.