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Ingenico SA early Monday plans to announce its reaction to a nonbinding stock offer to buy the payment-terminal maker in a deal whose value could approach 1.34 billion euros (US$1.9 billion). The France-based company would not say who made the bid.
Bloomberg Businessweek on Dec. 17 said the potential buyer is Danaher Corp., a diversified technology company based in Washington, D.C., citing "a person familiar with the matter." PaymentsSource could not confirm that report at deadline.
In a Dec. 17 statement, Ingenico said it received an offer of 28 euros per share. Ingenico's stock value on the Euronext Paris exchange closed Dec. 16 at 27.59 euros per share. The company had 48.6 million shares outstanding at the end of...