Business & Finance

Reuters exclusively reports Worldline $9.2 billion Ingenico deal may need EU concessions

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.

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
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