Negotiations between JP Morgan and Greece-based fintech high-flyer Viva Wallet are reportedly continuing in order to bridge disagreements over an agreement, whereby the former was to acquire 49 percent of the latter.
According to reports, altered market conditions in the wake of the ongoing energy crisis are being cited by the US multinational in its attempt to renegotiate the deal.
The same sources merely noted that there was “margin” for a new agreement by the end of this month.
Meanwhile, a general assembly of Viva Wallet shareholders was held on Friday, with other reports claiming that the deal with JP Morgan was not discussed.
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