The Spanish subsidiary of Ingenico SA, the listed France based provider of electronic payment and related systems, has mandated Oquendo Corporate to conduct a valuation exercise for an Impairment Test, three years after its acquisition (First Data Iberica, in 2010), in which Oquendo acted as the financial advisor of the buyer.

In this case, Ingenico, S.A. has also mandated Oquendo Corporate to do an Asset Price Allocation exercise based on the transaction closed in 2010.

The previous knowledge of the Company allowed Oquendo to conduct a valuation exercise of the Business Plan of the Management team.

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