NZ Commerce Commission Clearance to Verifone to Acquire Smartpay

  • Jun 14, 2020 AEST
  • Team Kalkine

 

Smartpay Holdings Limited (ASX:SMP) disclosed that the New Zealand Commerce Commission confirmed clearance of the proposed acquisition of its NZ business and assets by Verifone Inc.

Though Verifone, terminated the original deal, Smartpay views the grant as a positive outcome as it clears the approach should any deal with Verifone be consented in furture.

On 12 June 2020, SMP stock inches upward by 4.6% to close the market at $0.565.

 

 


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