June 5, 2017 / 8:22 PM / in 5 months

BRIEF-Evertec receives regulatory approval on Paygroup acquisition

June 5 (Reuters) - Evertec Inc:

* Evertec receives approval on paygroup acquisition

* Evertec Inc- ‍expects to fund purchase using a combination of cash on hand and funds borrowed under existing revolving line of credit​

* Evertec - ‍received U.S. Federal bank regulatory approval for acquisition of EFT Group S.A​

* Evertec - deal for ‍purchase price of approximately CLP 26,918 million, or approximately us$40 million at current exchange rates​ Source text for Eikon: Further company coverage:

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