Network International Holdings PLC (STU:NIH)
€ 4.708 0.014 (0.3%) Market Cap: 2.53 Bil Enterprise Value: 2.79 Bil PE Ratio: 40.25 PB Ratio: 4.16 GF Score: 69/100

Network International Holdings plc, The Direct Pay Online Group - M&A Call Transcript

Jul 29, 2020 / 08:00AM GMT
Release Date Price: €4.41 (-10.18%)
Operator

Good day and welcome to the proposed acquisition of DPO conference call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Simon Haslam. Please go ahead, sir.

Simon Haslam
Network International Holdings plc - Group CEO & Director

Thank you. Good morning, everyone, and thank you for us on this call. This is Simon Haslam, CEO of Network International. And joining me is Rohit Malhotra, our CFO. We are thrilled to be talking to you today about the proposed acquisition of DPO, the largest online commerce platform operating at scale across Africa, which offers online and mobile money payment services to over 47,000 merchants. Rohit and I will spend a short time walking through the main aspects of the acquisition, and then we'll get into Q&A.

I'll start from Slide 3. When we have talked about potential growth accelerators for our business in the past, M&A has always been part of that plan. And we have taken a considerate and well thought through process when scanning the market for potential

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