Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Ingenico Group
  6. News
  7. Summary
    ING   FR0000125346

INGENICO GROUP

(ING)
  Report
SummaryNewsRatingsCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Ingenico : EU approves Worldline purchase of Ingenico, subject to conditions

09/30/2020 | 01:04pm EDT
Illustration picture shows a logo of payments company Worldline

The European Commission approved on Wednesday French payment company Worldline 7.8 billion euro ($9.1 billion)acquisition of rival Ingenico, subject to conditions.

The Commission, which oversees competition policy in the 27-nation European Union, said that the merger proposed would have reduced competition in services facilitating in-store card payments in Austria, Belgium and Luxembourg.

The companies agreed to divest certain point-of-sale (POS) merchant acquiring services and POS terminal provision and management in the three countries to remove the market overlap and address the Commission's concerns.

The sector has seen a wave of mergers and acquisitions led by U.S. rivals seeking to build up their share of digital transactions.

($1 = 0.8539 euros)

(Reporting by Philip Blenkinsop)


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
INGENICO GROUP 0.00%End-of-day quote.30.99%
WORLDLINE -1.33% 80.16 Real-time Quote.2.71%
All news about INGENICO GROUP
2020Italy's Nexi clinches all-share merger with Nordic rival Nets
RE
2020A Little-Known Payments Provider Grows Into One of Europe's Most Valuable Fin..
DJ
2020REFILE-UPDATE 1-Italy's Nexi clinches all-share merger with Nordic rival Nets
RE
2020INGENICOá : Implementation of the squeeze out with respect to the Ingenico share..
AQ
2020INGENICOá : Implementation of the squeeze out with respect to the Ingenico share..
GL
2020WORLDLINE : Results of the reopened offer on Ingenico
AQ
2020WORLDLINE : Results of the reopened offer on Ingenico
GL
2020WORLDLINE : Results of the reopened offer on Ingenico
GL
2020ING to appoint Ljiljana Čortan as chief risk officer
AQ
2020ING posts 3Q2020 net result of Ç788 million
AQ
More news
Financials
Sales 2020 2 871 M 3 409 M 3 409 M
Net income 2020 120 M 142 M 142 M
Net Debt 2020 1 181 M 1 402 M 1 402 M
P/E ratio 2020 66,2x
Yield 2020 -
Capitalization 7 916 M 9 388 M 9 400 M
EV / Sales 2019 2,23x
EV / Sales 2020 3,17x
Nbr of Employees 8 083
Free-Float 3,69%
Income Statement Evolution
Managers and Directors
NameTitle
Marc-Henri J. J. Desportes Chief Executive Officer
Michel-Alain Proch Chief Financial Officer
P. F. D. Gilles Grapinet Chairman
Paula Felstead Chief Technology Officer
Eglantine Delmas Executive VP-Audit, Risk & Compliance
Sector and Competitors
1st jan.Capitalization (M$)
INGENICO GROUP30.99%9 386
METTLER-TOLEDO INTERNATIONAL INC.20.04%31 834
CANON INC.30.43%24 984
RICOH COMPANY, LTD.93.21%8 573
TECAN GROUP LTD.1.43%5 767
BROTHER INDUSTRIES, LTD.11.57%5 587