Natixis confirmed this morning its interest in the French company Ingenico. We mentioned this possibility in February 2018 as Natixis wants to push into the payments industry. This interest and the recent sale of retail banking activities (factoring and leasing) to parent company Banques Populaires Caisses d’Epargne (BPCE) confirm Natixis is moving away from balance-sheet-based banking activities. Ingenico’s closing price values the company at about €3.9bn. Given the sharp de
11 Oct 2018
We validate the move!
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We validate the move!
- Published:
11 Oct 2018 -
Author:
Farhad Moshiri -
Pages:
3
Natixis confirmed this morning its interest in the French company Ingenico. We mentioned this possibility in February 2018 as Natixis wants to push into the payments industry. This interest and the recent sale of retail banking activities (factoring and leasing) to parent company Banques Populaires Caisses d’Epargne (BPCE) confirm Natixis is moving away from balance-sheet-based banking activities. Ingenico’s closing price values the company at about €3.9bn. Given the sharp de