Idemia digital ID unit could be sold off first for €1.1B: report

The Smart Identity wing of Idemia could be the first domino to fall in a piece-by-piece sell-off by owner Advent, in a deal worth up to a billion euros (US$1.1 billion), Bloomberg reports.

Anonymous sources told the publication that Advent is gauging the market’s appetite for the European biometrics giant’s assets, following an unsuccessful attempt to sell Idemia in one massive deal last year. That attempt faced potential antitrust hurdles with some prospective buyers, like Thales. The price was also …

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