Euronet Signs Agreement with Swedbank to Acquire ATM Assets and Provide ATM Outsourcing Services in Estonia, Lithuania and Latvia
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Euronet (NASDAQ: EEFT) has signed an agreement with Swedbank to acquire ATM assets and provide ATM outsourcing services in Estonia, Lithuania, and Latvia. This move expands Euronet's presence in the Baltic region.
December 12, 2024 | 11:15 am
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Euronet has signed an agreement to acquire Swedbank's ATM assets and provide outsourcing services in the Baltic region, enhancing its market presence.
The acquisition of Swedbank's ATM assets and the provision of outsourcing services in Estonia, Lithuania, and Latvia will likely enhance Euronet's market presence and operational capabilities in the Baltic region. This strategic move is expected to positively impact Euronet's growth and revenue potential, leading to a likely short-term positive impact on its stock price.
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