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Worldline Buys Ingenico

Worldline, one of the world’s largest payments firms, has agreed to buy Ingenico, the French transactions company, for EUR 7.8 billion. The transaction between Worldline and Ingenico, alongside Atos which is owned by Worldline, comes together to create Europe’s largest payments company, and the fourth largest in the world. Reports indicate the overall implied equity value of the buyout deal is EUR 7.8 billion (£6.6 billion), a 16% premium on the existing market capitalisation of Ingenico of around EUR 6.7 billion. The deal also serves to boost earnings per share in either firm and save the new firm around EUR 250 million by 2024.

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