Raiffeisen Bank International AG (through its Romanian subsidiary, Raiffeisen Bank S.A.), the exclusive Austrian Member of Advior International, advised Dr. Michael Jaffé, JAFFÉ Rechtsanwälte Insolvenzverwalter in his capacity as the insolvency administrator of Wirecard Sales International Holding GmbH (a subsidiary of Wirecard AG), on the sale of 100% of the shares in Wirecard Romania S.A. (formerly known as Provus Group), a market leader in payment services in Romania with over EUR 15 million in revenues and more than 150 million transactions processed annually, to SIBS, a full fledge payment services provider, with a leading position in Portugal and a significant footprint in high-growth countries in Europe, Asia and Africa. The company offers a broad spectrum of solutions from digital and e-commerce to ATM and POS network management, card production and personalization, anti-fraud and cybersecurity services, for an undisclosed amount.
Raiffeisen Bank International
Advised in the sale of
Wirecard Romania S.A.
to