Exclusive: Worldline $9.2 billion Ingenico deal may need EU concessions – sources
By Foo Yun Chee
BRUSSELS (Reuters) – French funds agency Worldline’s <WLN.PA> 7.8 billion euro ($9.23 billion) bid for Ingenico <INGC.PA> may require concessions to realize European Union antitrust regulator approval, people conversant within the matter talked about on Monday.
The acquisition by Worldline, which was born out of French IT agency Atos <ATOS.PA>, is emblematic of a wave of mergers and acquisitions that U.S. rivals kicked off ultimate yr as they try and assemble up their share of digital transactions.
If Worldline simply is not able to allay EU concerns and throughout the absence of concessions, the deal would face a full-scale investigation following the highest of the EU’s preliminary overview.
Worldline has until Wednesday to provide concessions to the European Commission, till it’d persuade the EU rivals enforcer earlier to that deadline that …