Ingenico joins WorldPay bidding war

Point-of-sale terminal maker Ingenico has submitted a bid for UK-based payment processor WorldPay. “WorldPay is heading for a London stock market flotation in autumn that could value it at around £6bn (US$9.24bn), but has been targeted by several private equity and rival firms,” Reuters reports. The news follows a Bloomberg report last week that claimed Germany’s Wirecard has also joined the bidding.