The Traderszone Network

Published in TZ Latest News 23 September, 2016 by The TZ Newswire Staff

Advent International In The Lead To Buy Safran Unit Morpho

Advent International is reportedly the lead bidder for Morpho, the biometrics unit of Safran SA.

According to a report by Bloomberg, which cited people familiar with the matter, Advent International, which also owns security software company Oberthur Technologies, made a $2.7 billion bid for the company, putting it in first place to acquire it.

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