Ingenico: buys out 20% of Ingenico Holding Asia
(CercleFinance.com) - Ingenico Group has announced the acquisition of the 20% stake held by Imperial Orchid Ltd.
, an investment structure managed by Fosun in Ingenico Holding Asia Limited, in accordance with shareholders agreements concluded with Fosun on 7 May 2015.
Following this transaction, concluded at the set price of 104.6 million dollars, the French provider of secure payment solutions will hold 97% of the holding company which owns the group's Chinese subsidiaries and equity affiliates.
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