Travelport has agreed a deal to sell its B2B payments division eNett International to financial technology services provider Wex.

The deal, worth $1.7 billion, also includes the acquisition of Optal, a shareholder of eNett and the primary issuer of eNett payments.

The terms of the deal include around US $1.275 billion in cash and two million shares of WEX common stock.

Travelport has held a majority ownership stake in eNett as part of a joint venture with Optal since 2009.

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