WEX Inc.: WEX Completes Acquisition of eNett and Optal
WEX Inc.: WEX Completes Acquisition of eNett and Optal Parties Also Agree to Settle Outstanding Litigation in English Courts WEX Inc. (NYSE:WEX), a leading financial technology service provider, today announced the completion of its previously announced agreement to acquire eNett, a leading provider of B2B payments solutions, and Optal, a company that specializes in optimizing B2B transactions. WEX paid total consideration of approximately $577.5 million, funded from cash on hand. Though visibility remains limited due to COVID-19, WEX expects the impact of the acquisition on adjusted net ...