Ingenico SA, a French provider of payment terminals and services, is seeking takeovers to expand outside Europe, said Chief Executive Officer Philippe Lazare.

Ingenico could “easily” purchase a company for as much as 400 million euros ($509 million), Lazare said in an interview yesterday at a conference organized by Morgan Stanley in Barcelona. “If we want to go higher than that, that may be possible too” by seeking extra financing.

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