Hints and tips:
...Shares in Worldline were down more than 15 per cent in the year to date before market opening on Monday and rose by 5 per cent in morning trading....
...Worldline plans to become Europe’s largest contender by taking over Ingenico, another French business....
..., according to Worldline’s chairman and chief executive Gilles Grapinet....
...wary of the lure of bigger banks (FT) Santander chairman admits to rushing botched Andrea Orcel hiring (FT) Elliott looks beyond activism to full-blown takeovers (WSJ) Atos to offload almost half of Worldline...
...In May, Worldline agreed to buy Swiss stock market operator SIX Group’s payments unit for €2.3bn including debt....
...Separately, Worldline, a French payments company, also said it has agreed to buy Digital River World Payments, a Swedish rival....
...It is often compared with France’s Worldline, a division of Atos that last month carried out an initial public offering in Paris....
...Atos Origin on Wednesday rejected an offer from private equity firm Candover for its Atos Worldline unit, saying the offer was ”of no strategic interest or financial interest.”...
...The French group said Thursday’s acquisitions would “deliver substantial synergies” once merged with its Atos Worldline unit, which has annual revenues of €400m and already operates electronic payment services...
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