Arch rivals at Bloomberg have followed up on the Worldline rumours that were circulating last week with their version of the tale.
According to Bloomberg, French bank Credit Agricole is looking at buying a sizeable stake in Worldline, the French payments processing company. Below is a link to the Bloomie piece:..
Atos has picked one of the worst days in the market this year to offload its entire stake in Wordline, the France-listed payments company.
Atos is selling its 2.5pc shareholding in Wordline tonight via an accelerated bookbuild with help from heavyweight advisers at Goldman Sachs and Rothschild & Co. Below is a link to the press release:..
Oh look - I see Worldline has finally confirmed the takeover of Ingenico. Below is a link to the confirmation:
Goldman Sachs is pushing French digital payments company Worldline because the broker believes it will benefit from being a conslidator in 2020.
Below is some blurb from scribblers at Goldman Sachs who have published a large tome on the European payments sector...
Worldline's pursuit of Ingenico, the French payment terminals group, is likely to roll into the New Year but an agreed deal appears unlikely in the short term.
People following the situation said a Worldline merger with Ingenico is more likely to take place in 2020 after the latter rebuffed a EURO 120 approach from the former in the last quarter...
Ingenico, the French payment terminals company, is said to have now rejected a recent takeover approach from Worldline.
People following the situation said Worldline, another French payments company, is rumoured to have submitted a takeover proposal to Ingenico valuing the business at EURO 120 a share but this has been rebuffed by the latter.
Some people had heard Worldline is preparing to raise its offer to EURO 130 a share...