The Payments Group expects dispute resolution with SGT Capital by 2026

The Payments Group Holding GmbH & Co. KGaA projects that its legal dispute with the SGT Capital group, which began in 2022, will be resolved within 2026. The company announced on Wednesday that it has made progress in negotiations and anticipates a resolution soon.

No specific details regarding the nature of the dispute or the anticipated outcome were disclosed. The ongoing litigation has reportedly impacted the company's financial performance and operational development.

The company stated its aim is to reach a settlement that safeguards its long-term strategy and financial stability. The Payments Group has emphasized its commitment to continuing its business operations and focusing on service development for its clients throughout this process.

Further updates are expected as negotiations proceed and a definitive resolution is approached.