BGN Entrepreneur

Atos Origin, the French softwsare company, has joined the race to bid for WorldPay, RBS’s £2bn payment procession business being on the sale.
Atos has signed up Morgan Stanley and BNP Paribas to advise it in advance of an April 7 deadline for bids.
WorldPay, which is estimated to have a value of £1.8bn to £2.2bn, is thought to have attract about 30 potential bidders. The company’s stable but growing cash stream has attracted private equity firms, which can use the steady income to pay the interest on the debt needed to fund a buy-out.

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