Worldline offers EU concessions over Ingenico deal

French payments company Worldline has offered concessions to address EU antitrust concerns about its 7.8-billion-euro ($9.2 billion) acquisition of rival Ingenico, according to a European Commission filing on Thursday. The EU competition enforcer, which did not provide details in line with its policy, extended its deadline for a decision to Sept.

French payments company Worldline has offered concessions to address EU antitrust concerns about its 7.8-billion-euro ($9.2 billion) acquisition of rival Ingenico, according to a European Commission filing on Thursday. The EU competition enforcer, which did not provide details in line with its policy, extended its deadline for a decision to Sept. 30.

Reuters reported on Sept. 7 that Worldline may have to resort to such a move to secure EU approval to buy Ingenico.