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EVTC - EVERTEC to acquire Chilean payment solutions firm BBR for $60M
Evertec Inc.
EVERTEC (NYSE:EVTC) will acquire 100% of outstanding shares of BBR, a Chile-based payment solutions and business technology firm with operations in Peru. The purchase price for the shares is CLP 48.6B, ~$60M at current exchange rates. “The acquisition of BBR complements our existing technology and product portfolio in Chile and opens the Peruvian market for Evertec," said CEO Mac Schuessler.