Edenred to Seek Targeted Acquisitions, CEO Stern Tells Investir

Edenred (EDEN) plans to use part of its free cash flow for “very targeted acquisitions,” Investir reported, citing Chairman and Chief Executive Officer Jacques Stern.

Stern also declined to comment on analysts’ speculation that the Malakoff, France-based company, which sales meal and service vouchers, may distribute an additional dividend from 2013, the French weekly newspaper said.

To contact the reporter on this story: Albertina Torsoli in Paris at atorsoli@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

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