French IT services firm Atos is planning a 2014 IPO for its e-payments business, Worldline.

The IPO is part of a three year strategy focussed around achieving greater growth and wider profit margins, outlined to investors November 15.

Thierry Breton, Chairman and CEO at Atos said: "An IPO will help support Worldline development as the company is uniquely positioned to play a leading role in the consolidation of the European market.

"Depending on financial market conditions, 2014 looks to be the perfect time to do it after consultation of the appropriate employee representative organizations."

Atos said that the priorities for Worldline were to work on its payments technologies such as mobile, online and NFC, increase partnerships with clients, industrialise platforms and technical operations and make strategic acquisitions in new geographies.

 

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