Brief: Online billing and payments company Banqup Group says it could be sold

Banqup SA

15/06/2026 06:06

June 15 (Reuters) - Banqup Group SA BANQ.BR:
BANQUP GROUP ANNOUNCES STRATEGIC SIMPLIFICATION PLAN AND LAUNCH OF PROCESS TO EXPLORE STRATEGIC ALTERNATIVES
APPROVED A STRATEGIC SIMPLIFICATION PLAN TO REORGANIZE THE GROUP INTO DISTINCT, AUTONOMOUS BUSINESS UNITS TO ENHANCE OPERATIONAL FOCUS AND TRANSPARENCY.
Lazard is mandated to explore all strategic options, including the sale of individual business units or the Group as a whole in order to maximize stakeholder value.
The Board will carefully assess any proposals that may emerge from this process and will only support a transaction that it determines to be in the best interests of the Company and its stakeholders and that appropriately reflects the value of the underlying business units.
Source text: ID:nGNE4f2LVC
Further company coverage: BANQ.BR

 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))