Chinese circle Fingerprint Cards - sources

Wednesday, 21 September 2016, 5:11 pm

Another day, another attempt by a Chinese company to buy a western business. This time the potential target is Fingerprint Cards, the Swedish biometric technology business.

According to three sources familiar with the situation, a Chinese company approached Fingerprint Cards this summer about a potential takeover deal that is likely to value the Gothenburg-based business at well over its current market capitalisation of SEK 33 billion (£3 billion)...

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