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This is the latest in a wave of payments industry consolidation, particularly among legacy players that feel threatened by a digital-first challengers. Examples from last year include FIS buying Worldpay for $35 billion and Fiserv paying $22 billion for First Data.
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Worldline (Paris: WLN) agreed to buy French point-of-sale terminal provider Ingenico (Paris: INGC) for around $8.6 billion in cash and stock.
https://www.axios.com/newsletters/axios-pro-rata-a1e41df5-4d44-4038-a56b-7df6bbf2fe26.html
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