Ingenico Group - GCS (ENXTPA:ING) signed an agreement to acquire Paymark Limited from ASB Bank Limited, ANZ Bank New Zealand Limited, BNZ Investments Limited and Westpac NZ Operations Limited for NZD 190 million on January 17, 2018. The transaction is subject to relevant regulatory consents including Commerce Commission clearance and Overseas Investment Office's consent. As of November 2, 2018, the transaction was approved by the Commerce Commission. The transaction is expected to complete during second quarter of 2018. First NZ Capital Limited and Credit Suisse (France) acted as financial advisors, Jeremy Low of Allens and Chapman Tripp as legal advisor while Deloitte & Touche France acted as accountant to Ingenico Group - GCS. Cameron Partners Ltd acted as financial advisor for ASB Bank Limited, ANZ Bank New Zealand Limited, Westpac NZ Operations Limited and BNZ Investments Limited. The Overseas Investment Office (OIO) has given approval for the sale of electronic transaction service Paymark Ltd to a French company, Ingenico Group SA. Ingenico Group - GCS (ENXTPA:ING) completed the acquisition of Paymark Limited from ASB Bank Limited, ANZ Bank New Zealand Limited, BNZ Investments Limited and Westpac NZ Operations Limited on January 11, 2019.