Wirecard Loses Another Suitor as BBVA-Backed Lender Drops Out
- Solarisbank follows Deutsche Bank in declining to make offer
- Four companies are said to remain interested in Wirecard
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Wirecard AG’s administrator is facing declining interest in the disgraced payment company’s German assets after another potential buyer followed Deutsche Bank AG’s lead and pulled out of the bidding.
Berlin-based startup Solarisbank AG decided not to make an offer after having a “close look” at Wirecard, Chief Executive Officer Roland Folz said in an interview Tuesday. Solarisbank is backed by companies including Bilbao Vizcaya Argentaria SA and ABN Amro Bank NV.