Gilles Grapinet

French official

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Worldline said that Ingenico shareholders will receive 11 Worldline shares and €160.5 in cash for every 7 Ingenico shares, working out to a 24 percent premium for Ingenico’s average share price over the last month. Pending regulatory and shareholder approvals, the deal is expected to close in Q3 of 2020, with Gilles Grapinet, Worldline’s Chairman and Chief Executive Officer, to lead the combined business.

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