Payments company Ingenico enters bidding race for Worldpay - Information portal

Payments company Ingenico enters bidding race for Worldpay

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31.08.2015 Количество просмотров 361 views
French payments company Ingenico has revealed plans to acquire UK-based payment processing provider Worldpay, according to online media outlet Reuters.

The source mentions that Worldpay, owned by private equity companies Advent and Bain, is heading for a London flotation in the autumn of 2015 that could value it at around GBP 6 billion (USD 9.2 billion).
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Ingenico joins the race with other companies, such as Wirecard, which reportedly bid close to USD 9.4 billion, and several other private equity companies, such as CVC, Blackstone and Hellman & Friedman.

In 2010, Worldpay was built out of RBS, making itself the largest merchant acquirer in Europe, providing card processing services for businesses.

Ingenico has a stock market value of EUR 7.42 billion.
Source:  The Paypers


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