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Ingenico on takeover radar amid Europe fintech Frenzy

Bloomberg Private equity firms are setting their sights on French payments processor Ingenico Group SA as they scout the market for their next target among Europe’s hottest fintechs, according to people with knowledge of the matter. The Paris-based company, with a market value of about 4.73 billion euros ($5.5 billion), is drawing preliminary interest from several buyout firms, some of ...

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Facebook says EU data unlikely shared with Cambridge Analytica

Bloomberg Facebook Inc said private data about its European users may not have fallen into the hands of Cambridge Analytica after all, as the social network continues to fend off criticism about a scandal that sparked global outrage. “The best information we have suggests that no European user data was shared by Dr [Aleksandr] Kogan with Cambridge Analytica,” Stephen Satterfield, ...

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Eutelsat backs down on Inmarsat takeover

Bloomberg France’s Eutelsat Communications SA said it won’t make a takeover offer for Inmarsat Plc, a sudden reversal that strengthens EchoStar Corp.’s hand in its pursuit of the British satellite operator. Eutelsat had said it might bid for Inmarsat, confirming a report by Bloomberg News. The change of heart means that, under UK takeover rules, the Paris-based company now can’t ...

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