April 5, 2018 / 2:41 PM / 19 days ago

Ingenico's share price jumps after report on takeover rumours

PARIS (Reuters) - Shares in French payments specialist Ingenico jumped 7 percent to 68.0 euros after a report by Mergermarket said the firm’s share price weakness meant it was likely to attract takeover interest from bidders such as Atos.

The report cited a person at a rival company saying Atos was likely now considering an offer for Ingenico through its Worldline subsidiary. A minority investor in Ingenico believed takeover talk was premature but conceded that Atos would be the most likely to bid if a sale process were to emerge, the report said.

A spokesman for Atos declined to comment. Reuters could not immediately reach a spokesman for Ingenico.

Reporting by Blandine Henault and Cyril Altmeyer; Writing by Richard Lough; Editing by Leigh Thomas

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