French fintech companies Ingenico and Worldline are set to merge, according to a Feb. 3 press release. The €7.8 billion ($8.6 billion) buyout deal was accepted by shareholders of the companies, both of which had previous exposure to crypto.
As part of the agreement, Worldline will offer Ingenico shareholders a mixed cash and stock compensation, with a premium of 17 percent over its Monday trading levels.
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Source: Cryptocurrency - investing.com