Volkswagen has bought the PayByPhone cashless parking service from PayPoint for £26.5m in cash.
PayPoint sold its Mobile Payments business to Volkswagen Financial Services AG on 23 December. A dividend of the gross sale proceeds, which amounts to 38.9p per share, will be paid on 11 January 2017 to shareholders on the register on 6 January 2017.
Dominic Taylor, PayPoint’s chief executive, believes the VW and PayByPhone are a good fit. “I am delighted to have found such a...
+97% more
TransportXtra is part of Landor LINKS
© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved
Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959
Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855
Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861
Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865
Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875
Privacy Policy | Terms and Conditions | Advertise
Web design london by Brainiac Media 2020
