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Worldline acquires POS terminal provider Ingenico for $8.6b in cash and stock

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.

Worldline (Paris: WLN) agreed to buy French point-of-sale terminal provider Ingenico (Paris: INGC) for around $8.6 billion in cash and stock.

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payments, m&a