Verifone spends $70 mln on Eftpos acquisition in push into New Zealand

Wed, 05 Jun 2013

By Paul McBeth June 6 (BusinessDesk) - VeriFone Systems, the New York Stock-exchange listed payments firm, spent $70 million to snap up ANZ New Zealand Bank’s eftpos terminal leasing unit as part of a bigger push into the local market. The San Jose, California-based company completed the acquisition of Eftpos New Zealand this week, and disclosed the size of the deal in its first-half earnings result. The deal makes VeriFone the biggest eftpos solutions and payments provider in New Zealand, and follows its US$8.2 million acquisition of Sektor...

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