Oberthur Auctioning off Smart Card Biz

France's Oberthur Technologies is auctioning off large chunks of its business to private equity bidders, Reuters reported, citing the Financial Times. Advent International and One Equity Partners are reportedly the two remaining bidders for a 60% stake in Oberthur's smart card business. The deal could be worth up to 600 million euros ($858 million), Reuters said.

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