Wirecard administrator sees strong interest from potential buyers
BERLIN (Reuters) - The administrator of collapsed German payments firm Wirecard said on Tuesday that more than 100 investors have expressed interest in buying the company's core business and its holdings.
BERLIN (Reuters) - The administrator of collapsed German payments firm Wirecard
"The aim is to find timely investor solutions in the interest of creditors, employees and customers," Michael Jaffe said in a statement after a meeting of creditors.
Jaffe added that the sale of Wirecard North America's assets was most advanced, with investment bank Moelis & Company already mandated to support such a sale.
Wirecard filed for insolvency last month owing creditors 4 billion euros ($4.5 billion) after disclosing a 1.9 billion euro hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.
(Reporting by Emma Thomasson; Editing by Edward Taylor)
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