FILE PHOTO – People walk in front of the Atos company’s logo in Paris, France, April 12, 2016. REUTERS/Philippe Wojazer
PARIS (Reuters) – French IT company Atos plans to sell a 13.1% stake in Worldline through a private placement after the payments company agreed to buy French rival Ingenico.
Atos said in a statement that it would keep a 3.8% stake in Worldline after the process.
French state-backed investment bank Bpifrance has committed to purchase 4 million of Worldline’s shares in the placement, the IT company also said.
Writing by Matthieu Protard; Editing by David Goodman
Source Reuters Tech News