Ingenico announces approvals to acquire easycash

Posted on: Wed, 04 Nov 2009 05:21:00 EST


Symbols: INGIF
Nov 04, 2009 (M2 EQUITYBITES via COMTEX) --
INGIF | Quote | Chart | News | PowerRating -- Provider of payment solutions Ingenico (Euronext: ING) (OTC-PINK:
INGIF) today said that it has received all approvals and consultations
to acquire easycash Beteiligungen GmbH, a payment services provider
based in Germany.

The company has received the approval of German antitrust authority
(Bundeskartellamt) with the consultation of Ingenico SA workers'
council to acquire 100% of easycash. Financial details of the
acquisition were not available.

The closing of the transaction is expected to take place before the end
of November 2009.

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