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NatWest first UK bank to launch biometric credit card
NatWest is piloting fingerprint based biometric credit card with 150 customers, in partnership with Mastercard and Gemalto, it is the first biometric credit card issued by a UK bank. The... more
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Thales completes €4.8 billion takeover of Gemalto
French electronics group Thales has completed its previously announced €4.8 billion ($5.4 billion) takeover of Gemalto, boosting Thales’ presence in the booming security services market. Thales had to clear various... more
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Thales swoops in as Gemalto accepts €4.8bn cash offer rejecting Atos
Thales has had its offer to buy struggling Gemalto in a deal worth close to €4.8bn. The agreement comes just days after Gemalto had rejected a €4.3bn takeover proposal by Atos, which the company called “opportunistic”. “I am convinced that the combination with Thales is the best and the most promising option for Gemalto and the [...]
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Atos forges ahead with $5.1 billion bid after Gemalto rebuff
Atos is ruthlessly pursuing its unsolicited bid to buy Gemalto even after the security-software maker’s board unanimously rejected the €4.3-billion ($5.1 billion) offer. Atos’s offer “significantly” undervalues the company, Gemalto said in a statement late Wednesday in which it also cited doubts about strategic rationale, uncertainty about integration and insufficient guarantees that a deal would go through to the end. Atos in [...]
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Atos makes unsolicited bid for Gemalto
Atos has made an unsolicited bid to buy Gemalto of the Netherlands, the French company was forced to go public on Tuesday, with no official answer from Gemalto. Atos can afford the €46 per share offer price. The question is whether Gemalto shareholders can demand more. No, is the answer. Atos felt it had to [...]
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