US-based NCR Corporation has sold a portion of the assets of its ATM business in Kerala, Bihar, Jharkhand and Lakshadweep to Mumbai-based payment system company Electronic Payment and Services Pvt. Ltd..AZB & Partners acted for NCR Corporation with a team led by Partner Ashwin Ramanathan along with Senior Associates Puneet Parihar and Pallavi Satpute.Trilegal advised Electronic Payment and Services and the team included Partner Yogesh Bhattarai and Associates Sagar Godbole, Harshavardhan Goel and Nikita Rajwade..Following the acquisition, EPS will be managing more than 11,000 ATMs in India on behalf of banks, reported VCCircle.
US-based NCR Corporation has sold a portion of the assets of its ATM business in Kerala, Bihar, Jharkhand and Lakshadweep to Mumbai-based payment system company Electronic Payment and Services Pvt. Ltd..AZB & Partners acted for NCR Corporation with a team led by Partner Ashwin Ramanathan along with Senior Associates Puneet Parihar and Pallavi Satpute.Trilegal advised Electronic Payment and Services and the team included Partner Yogesh Bhattarai and Associates Sagar Godbole, Harshavardhan Goel and Nikita Rajwade..Following the acquisition, EPS will be managing more than 11,000 ATMs in India on behalf of banks, reported VCCircle.