Tag Archives: Germany’s beleaguered Wirecard to proceed with business after insolvency

BERLIN: Wirecard, the German scandal-hit payments company, said on Saturday it would proceed with business activities after filing for insolvency and expects a provisional administrator to be appointed by judicial authorities shortly. “The management board is of the opinion that continuation is in the best interests of the creditors,” it said in a statement. “Whether insolvency proceedings will be opened …

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