Cembra Money Bank to Acquire cashgate AG

Posted on 07/05/2019

Zurich-based Cembra Money Bank AG, formerly GE Money Bank AG, is a listed consumer finance business. Cembra Money Bank acquired Switzerland-based cashgate AG, a consumer leasing finance business, from major payment services firm Aduno Holding. The transaction is expected to close in the third quarter of 2019 for a purchase price of CHF 277 million. […]

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