Exclusive-Worldline taps advisers for defence strategy amid share slump –sources
LONDON (Reuters) -Worldline has lined up bankers to advise on a defence strategy in a bid to reassure shareholders and avoid a hostile takeover in the wake of a share price slump, two people with knowledge of the matter told Reuters. The Paris-based payments group is reviewing options with Morgan Stanley and Rothschild & Co, including bringing in an anchor investor to help support the stock, said the people, who spoke on condition of anonymity. In the last week the advisers started sounding out potential investors, such as French financial institutions, pension and sovereign wealth fun...
Source: yahoo.com