Reuters exclusively reported that French payments company Worldline’s 7.8 billion euro ($9.23 billion) bid for Ingenico may require concessions to gain European Union antitrust regulator approval. The acquisition by Worldline, which was born out of French IT company Atos, is emblematic of a wave of mergers and acquisitions that U.S. rivals kicked off last year as they try to build up their share of digital transactions.
Business & Finance
Reuters exclusively reports Worldline $9.2 billion Ingenico deal may need EU concessions
18 September 2020, 3:23 pm 1 minute
Market Impact
Worldline shares added gains and closed 3.8% up after the Reuters story was published, while Ingenico also tacked on gains to end 4% up.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
