The companies — both based in France — are incumbents that were established in the first big wave of electronic financial services that formed in the 1970s and 1980s. (Worldline was spun out of Atos; Ingenico has been independent up to now.) The combined company will have 20,000 employees across 50 countries with 1 million merchant and 1,200 financial institution customers, and Worldline said it expects combined pro-forma 2019 net revenues of €5.3 billion out of the deal.
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