Net 1 Ueps Technologies Inc. (NasdaqGS:UEPS) entered into an agreement to acquire C4U-Malta Ltd. from mybet Holding SE (XTRA:FXXB) for €3 million on October 2, 2015. The sale will become effective once several conditions precedent are met, including in particular the approval of the Malta Financial Services Authority (MFSA) as the responsible supervisory body. The deal is approved by Malta Financial Services Authority. The deal is expected to close in the fourth quarter of 2015. As of November 1, 2016, all requirements for the completion of the sale are met and closing of the transaction is expected.

Net 1 Ueps Technologies Inc (NasdaqGS:UEPS) cancelled the acquisition of C4U-Malta Ltd. from mybet Holding SE (XTRA:FXXB) on October 2, 2016.