Lesaka Technologies, Inc. completed the acquisition of Touchsides SA (Proprietary) Limited from Heineken International B.V. for ZAR 42.4 million.
April 29, 2024
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Lesaka Technologies, Inc. (NasdaqGS:LSAK) agreed to acquire Touchsides SA (Proprietary) Limited from Heineken International B.V. on February 5, 2024. The acquisition, funded by internal cash generation of the Group, is expected to close in March 2024 and is subject to satisfaction of customary closing conditions.
Lesaka Technologies, Inc. (NasdaqGS:LSAK) completed the acquisition of Touchsides SA (Proprietary) Limited from Heineken International B.V. for ZAR 42.4 million on April 30, 2024.
Lesaka Technologies, Inc. (formerly Net 1 Ueps Technologies, Inc.) specializes in the development of electronic transaction and payment processing solutions and services to merchants and consumers. The activity is organized around 2 areas:
- electronic transaction and payment processing by chip cards: primarily to the distribution, online business, bank, money transfer services, health facilities and telecommunication sectors;
- inclusive financial services. In addition, the group offers electronic payment solutions and systems.