Wirecard is expected to be sold in individual parts

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Wirecard

So far, apart from the parent company from Aschheim near Munich, hardly any subsidiaries have gone bankrupt.

(Photo: Reuters)

Frankfurt At least for parts of the insolvent payment processor Wirecard there are interested parties. “A large number of investors from all over the world have already registered who are interested in acquiring the core business (or) the independent and independently operating business units,” said Wirecard insolvency administrator Michael Jaffé on Tuesday evening after a meeting of the creditors’ committee .

The insolvency administrator explained that the creditors had also given the green light for mandating specialized investment banks to deal with the sale of the individual parts of the company.

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