August 2, 2018 / 12:03 PM / a year ago

CVC abandons talks with Ingenico over potential buyout -sources

FRANKFURT, Aug 2 (Reuters) - Private equity group CVC has abandoned talks with Ingenico over a potential buyout of the French payments group, amid a frenzy of deals in the sector, people close to the matter said.

CVC held early-stage talks about potentially taking Ingenico private in early summer but those talks have now ended, they said.

Ingenico and CVC declined to comment.

Reporting by Arno Schuetze Additional reporting by Pamela Barbaglia, Mathieu Rosemain; Editing by Kirsten Donovan

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