Worldline to Buy Rival Ingenico for $8.6 Billion

The transcript discusses a major merger between French payment companies Ingenico and Worldline, creating the world's fourth-largest payment processing company. Ingenico shareholders are pleased with the deal, while Worldline's shares drop, indicating investor concerns about overpayment. The deal is friendly and likely to proceed pending regulatory approval. Ingenico has undergone significant changes, including a CEO replacement, to prepare for this merger. Worldline, being larger, aims to consolidate further in the payment processing sector, especially in Europe.

What was the performance of Ingenico's stock price over the past year?

What does the future hold for consolidation in the payment processing sector according to the text?