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Tag: Global Payments Inc

Payments giant Worldline to buy rival Ingenico amid fintech threat

Payments giant Worldline to buy rival Ingenico amid fintech threat

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, […]