Fintech company Worldline SA agreed Monday to acquire rival Ingenico Group SA for €7.8 billion ($8.6 billion), the biggest global deal of the year so far, creating a giant in the fast-consolidating European payments sector. The all-French deal comes as consumers are using their mobile phones and payment cards more to make purchases and manage their finances.

Source: Wall Street Journal February 03, 2020 12:59 UTC