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New Deal


Announced

Edenred to acquire a majority stake in PagBem Brazilian freight payment assets.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For70%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud-based platform

freight services

Friendly

Pending

Brazil

Freight Forwarding

payment management

Acquisition

Majority

Cross Border

Private

Single Bidder

Synopsis

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Edenred, a company that offers prepaid vouchers for products and services, agreed to acquire a majority stake in PagBem Brazilian freight payment assets. Financial terms were not disclosed. “We are excited to announce Edenred Repom merger with PagBem and are looking forward to welcoming PagBem’s teams. This operation consolidates our position as a leader on the freight payment market in Brazil while further strengthening our Beyond Fuel offering. The combination of our activities opens new opportunities that we are determined to seize,” Diane Coliche, Edenred Chief Operating Officer.

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