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Wirecard administrator eyes piece-by-piece sell-off

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Wirecard administrator eyes piece-by-piece sell-off

FRANKFURT AM MAIN, Germany (AFP) —  The unprecedented scandal at German payments processor Wirecard could lead to the group being sold off piecemeal, after its insolvency administrator said investors are eyeing profitable business units. A provisional committee of Wirecard creditors signed off on an international search for buyers Tuesday and confirmed lawyer Michael Jaffe as administrator. “Many investors from all over the world have already signaled interest in buying the core business or independent business […]

   

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