Edenred Wins Belgian Contract for Service Vouchers, L’Echo Says

Edenred (EDEN) won a Belgian contract to provide service vouchers in 2013, replacing Sodexo (SW), L’Echo reported, citing a decision from the country’s national employment office that isn’t yet public.

Sodexo is appealing the decision, the newspaper said. The vouchers, which can be used to pay for childcare and cleaning services, cost the employment office 1.4 billion euros ($1.7 billion) a year, according to L’Echo.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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