Brief: Net 1 To Sell Ksnet For $237 Million
27/01/2020 12:46
Jan 27 (Reuters) - Net 1 UEPS Technologies Inc UEPS.O :
* PRESS RELEASE - NET1 TO SELL KSNET FOR $237 MILLION
* NET 1 UEPS TECHNOLOGIES INC - AGREED TO SELL 100% OF
KSNET, INC
TO STONEBRIDGE CAPITAL AND PAYLETTER FOR APPROXIMATELY $237
MILLION
* NET 1 UEPS TECHNOLOGIES INC - TRANSACTION IS NOT SUBJECT
TO A
FINANCING CONDITION
Source text for Eikon: ID:nGNX7DJfKz
Further company coverage: UEPS.O
((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))
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