EURONET €300MILLION ACQUISITION OF PIRAEUS BANK’S MERCHANT ACQUIRING UNIT

Papapolitis & Papapolitis (P&P) is advising Euronet Worldwide on the €300 million acquisition of Piraeus Bank’s Merchant Acquiring Unit and on the formation of a long term strategic partnership between Euronet Worldwide and Piraeus Bank. P&P is advising Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, in an agreement to purchase the Piraeus Bank Merchant Acquiring (PBMA) business of Piraeus Bank (Bank). The transaction is the first of its kind in the Greek market and involves the carve-out and sale of Piraeus Bank’s merchant acquiring business unit, as well as the formation of an exclusive long-term sales and distribution partnership.