By Frank Prenesti
Date: Tuesday 23 May 2023
LONDON (ShareCast) - (Sharecast News) - TBC Bank said it had agreed to buy the remaining 49% of Uzbekistan payments firm Payme in for $55.7m in cash.
Payme is a digital payments provider in Uzbekistan for individuals and small businesses, offering person-to-person transfers, bill payments, QR payments, e-commerce, cross-border money remittances, loan repayments, personal financial manager services and government services.
The deal price implies a total valuation of $113.6m for Payme, TBC said.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 3,175.00p |
Change Today | 5.00p |
% Change | 0.16 % |
52 Week High | 3,465.00 |
52 Week Low | 2,350.00 |
Volume | 3,349 |
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Value |
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Price Trend |
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Strong Buy | 3 |
Buy | 0 |
Neutral | 0 |
Sell | 0 |
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CEO | Vakhtang Butskhrikidze |
Chair | Arne Berggren |
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