Redington Completes $89.29 Million Divestment of Paynet to Iyzi Payment

Unknown Apr 02, 2026 3 Views

Redington Limited has successfully concluded the sale of its fintech subsidiary Paynet to Iyzi Payment and Electronic Money Services Inc. The transaction, valued at $89.29 million, includes $87 million in consideration plus approximately $2.29 million in adjusted net cash. This strategic divestme...

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