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Allied Irish Banks sells stake in payment provider AIB Merchant Services to Fiserv for €215M.
Allied Irish Banks (AIB) is selling its 49.9% stake in AIB Merchant Services, a major payment solution provider in Ireland and Europe, to Fiserv for about €215 million.
The sale, expected to complete later this year, is subject to regulatory approvals.
AIB will continue to refer customers to AIBMS, and there will be no changes to customer experiences.
Fiserv plans to accelerate growth in the region, particularly with its Clover system.
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Allied Irish Banks vende una participación en el proveedor de servicios de pago AIB Merchant Services a Fiserv por 215 millones de euros.