Rapyd-Valitor payments services merger gets conditional approval in Iceland
( May 24, 2022, 19:19 GMT | Official Statement) -- MLex Summary: Payment-services company Rapyd may merge the operations of its unit Rapyd Europe with rival Valitor, Iceland's competition authority said. The deal was approved under the condition that Rapyd sells a diversified set of merchant contracts to Kvika Banki. Rapyd will be prohibited from repurchasing the sold contracts for a period of ten years, among other remedies, the watchdog said.Statement follows. ...
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