Banqup finalizes sale of Balkan operations to local partners for €11.5 million
- Banqup Group is finalizing Unifiedpost CEE's sale to local partners for EUR 11.5 million, with signing and completion expected shortly.
- The parent would receive EUR 6 million at and shortly after closing, with the balance payable in two annual installments.
- Subsidiary Financial Automation Solutions OÜ would receive EUR 3.8 million for its stake by December 31, 2031.
- Before closing, the group would acquire a 51% stake in Unifiedpost d.o.o. for EUR 500,000, retaining its Croatian e-business activities.
- Net cash proceeds at and shortly after closing would total EUR 5.5 million, including EUR 2 million earmarked for bank facility repayment.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banqup Group SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611120100OMX_____CNEWS_EN_GNW1001303144_en) on November 12, 2026, and is solely responsible for the information contained therein.