14th Jun 2016 07:47
LONDON (Alliance News) - Payments technology company SafeCharge International Group Ltd on Tuesday said it has sold its minority stake in Germany-based FinTech Group AG.
SafeCharge invested in FinTech in 2015, spending EUR10.0 million to buy a 5.0% stake in the business.
No financial details on the stake sale were provided, but SafeCharge said it would make a small profit on the deal.
SafeCharge shares were down 1.1% to 220.01 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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