Mon. Sep 21st, 2020

Atos to sell a 13% Worldline stake via private placement

1 min read

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)

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