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ComCom clears Paymark sale

Regulator’s concerns on competition soothed, allowing banks to offload electronic payments infrastructure.

Tim Hunter
Fri, 02 Nov 2018

The $190 million acquisition of New Zealand electronic payment company Paymark by French group Ingenico has been cleared by the Commerce Commission.

The competition regulator had previously expressed concerns about potential anticompetitive effects of the deal but was reassured after considering

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Tim Hunter
Fri, 02 Nov 2018
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ComCom clears Paymark sale
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