Worldline's $8.7 billion Ingenico deal to create European payments leader
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PARIS (Reuters) - Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euros ($8.7 billion) deal to create a new European leader in the sector and fend off cut-throat competition from internet and telecoms companies.The purchase by Worldline, which was born out of French IT company Atos, is the latest deal in the payments sector, where the firms cater to everything from small shops needing card terminals to large online businesses. The increasing use of..