NEW YORK, N.Y. (July 8, 2016) Perkins Coie teamed with law firm Osborne Clarke LLP in representing Wirecard AG, a leading global payment company, in its definitive agreement to acquire Citi Prepaid Card Services. This acquisition will extend Wirecard’s global presence into the North American market. Subject to obtaining regulatory approvals and other customary closing conditions, closing is expected as early as the fourth quarter of 2016.

The Perkins Coie team was led by New York partner Brian Eiting and Seattle partner Dax Hansen with significant contributions from Dallas partner Ryan Preston and Seattle associate Nicholas Davis. Other contributors on the team included New York partner Manny Caixeiro; Chicago partner Craig Boggs; Seattle partners Tom Cristy, Joseph Cutler, Todd Hinnen, Justin Moon and Bryan Smith; Washington, D.C. partners Barry Reingold and Martin Lybecker; Seattle counsel Vicky Chen; Chicago associates Martin Howard and Jonathan Shepard; Dallas associate Matthew Cin; Seattle associates Laurie Rosini and Max Schwartz.

Click here to read the Wirecard AG press release.

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