Two Payment Stocks Are Fighting It Out For Wirecard's Operations In This Market [Investor's Business Daily]
PagSeguro Digital Ltd. Class A Common Shares (PAGS)
Last pagseguro digital ltd. class a common shares earnings: 2/27 05:11 pm
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Source: Investors Business Daily
Related news PagSeguro Digital ( PAGS ) is reportedly fighting it out with payments giant Fiserv ( FISV ) to buy the Brazilian operations of stricken German payments firm Wirecard. PagSeguro stock rose, clearing a potential buy point. Fiserv stock also climbed. The company reportedly has offered 400 million Brazilian reals ($75 million) to acquire the business, according to Valor . The business is valued at between 300 million to 400 million reals. But Fiserv also is the running for Wirecard Brasil. If Fiserv makes a bid it could be a David vs. Goliath tussle, with its market cap of $66.73 billion dwarfing Brazil-based PagSeguro's $12.6 billion. Wirecard filed for insolvency last month after disclosing 1.9 billion euros were missing from its balance sheet. Germany is now looking to overhaul the way it regulates accountancy firms due to what appears to be massive accounting fraud. PagSeguro declined to comment. Fiserv has yet to respond to a request for comment. Join IBD experts as
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PAGS
News
- PAGS or EFX: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- PagSeguro Digital Ltd. (PAGS) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy PagSeguro Digital (PAGS) Stock? [Yahoo! Finance]Yahoo! Finance
- PagSeguro Digital Ltd. (PAGS) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Pick These 4 Low P/CF Stocks to Boost Your Portfolio [Yahoo! Finance]Yahoo! Finance
PAGS
Earnings
- 11/17/23 - Beat
PAGS
Sec Filings
- 4/12/24 - Form 6-K
- 2/28/24 - Form 6-K
- 2/28/24 - Form 6-K
- PAGS's page on the SEC website