Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Payments giant Worldline to buy rival Ingenico in $8.6 billion deal
short by Krishna Veera Vanamali / on Tuesday, 4 February, 2020
French payments giant Worldline has agreed to buy its domestic rival Ingenico in an $8.6 billion cash and stock deal. The deal value implies a premium of about 16% to Ingenico's closing market value on Friday. The acquisition would create the world's fourth-biggest payments services company with around 20,000 employees in approximately 50 countries, the companies said.
read more at Reuters