Advent Said to Lead Bids for Morpho With $2.7 Billion Offer

Updated on
  • Safran’s biometric security unit also attracting buyout firms
  • Advent may merge Morpho with Oberthur Technologies unit

Advent International Corp., which owns security-software provider Oberthur Technologies SA, is the leading bidder for Safran SA’s Morpho after submitting an offer that values the biometric unit at about 2.4 billion euros ($2.7 billion), people familiar with the matter said.

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