BERLIN: Japan's SoftBank Group will buy a 5.6 per cent stake in German payments company Wirecard by acquiring convertible bonds worth around €900 million , Wirecard said in a statement yesterday.
The issuance of the convertible bonds, which corresponds to around 5.6 per cent of Wirecard's stock, is subject to approval by shareholders at its annual general meeting on June 18, Wirecard said.
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