Worldwide provider of payment solutions Ingenico has launched a contractual voluntary tender offer to acquire all the shares of French healthcare services provider XIRING.

Ingenico, who currently holds 4.48 percent of the shares and voting rights in XIRING, has made a cash offer of EUR 17 per share, which values XIRING at EUR 67.72 million.

XIRING provides a range of services to the French healthcare market including terminal servicing and secure transaction processing.

Ingenico’s offer, which is not subject to AMF approval, is for all XIRING shares not currently held by Ingenico and will be open from 16 to 29 November 2011. The completion of the offer is subject to Ingenico holding at least 66.67 percent of the XIRING voting rights when the offer is closed.