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Published Mumbai, IndiaUpdated

ICICI Bank To Exit ICICI Merchant Services With 19% Stake Sale

Summary by NDTV Profit
ICICI Bank has said it plans to exit from its associate ICICI Merchant Services Pvt. Ltd. by selling the entire 19% stake in the company. The bank has executed a share purchase agreement with First Data Holding I (Netherlands) B.V., First Data (India) Pvt. Ltd. (nominee of First Data Holding I (Netherlands) B.V.) and Fiserv Merchant Solutions Pvt. Ltd. (formerly known as IMSPL) in relation to the sale of its entire shareholding of 19% in equity …
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Indiaretailing.com broke the news in on Tuesday, April 1, 2025.
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