Payments giant Worldline to buy rival Ingenico in $8.6 billion deal as fintech competition heats up
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Two European giants in the payments space are set to combine to create the industry’s fourth-largest player.
France’s Worldline said it would buy domestic rival Ingenico in a deal consisting of 81% stock and 19% cash. The transaction gives Ingenico an implied equity value of 7.8 billion euros ($8.6 billion), Worldline said in a statement, representing a roughly 17% premium on…
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