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Unifiedpost Group Sells Identity Business, Partners with Your.World
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Unifiedpost Group Sells Identity Business, Partners with Your.World

Unifiedpost Group SA (DE:60Z) has released an update.

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Unifiedpost Group has agreed to sell its Wholesale Identity Access business in the Netherlands to Your.World B.V. for a base purchase price of €133 million, plus up to €7.7 million in earn-out payments. The deal includes a strategic partnership for the distribution of Unifiedpost’s Banqup platform to over a million Your.World customers in Europe. This transaction allows Unifiedpost to focus on its core digital services and strengthens its financial position by de-risking its balance sheet.

For further insights into DE:60Z stock, check out TipRanks’ Stock Analysis page.

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