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Stock Market & Financial Investment News

News Breaks
April 7, 2014
10:01 EDTWEXWEX Inc. renews relationship with Rollins, Inc through 2018
WEX Inc. announced that it has renewed its partnership with Rollins through December 2018 for its universal fleet card services. Rollins, a pest control services provider, consumes over 10M gallons of gasoline annually in North America with its 8,800 vehicles.
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July 17, 2014
07:31 EDTWEXWEX signs definitive purchase agreement regarding Exxon's Esso Card program
WEX Inc. (WEX) announced the execution of the definitive purchase and sale agreement relating to the previously announced proposed acquisition of ExxonMobil’s (XOM) European commercial fuel card, or Esso Card, program through a majority owned joint venture, WEX Europe Services Limited. In addition, all necessary regulatory approvals have been received and the employee information and consultation processes have been cleared. The transaction is on track and is expected to close in late 2014 or early 2015. “The purchase of the Esso Card portfolio remains an important element to building our on-the-ground presence in the European market, and enhances WEX’s long-term growth profile. Our efforts to advance this transaction remain on track and position us to create a substantial and profitable European footprint,” said Melissa Smith, WEX’s president and CEO.
July 15, 2014
07:30 EDTWEXWEX Inc. signs prepaid fuel card processing agreement with Shell
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