The Hong Kong, Paris and Shanghai offices of Debevoise & Plimpton are advising Ingenico Group on its strategic partnership with Fosun International Limited and its affiliates to extend its development strategy in China. Under the terms of the deal, the partnership will take the form of an investment by a fund managed by Fosun into Ingenico Group's Hong Kong-based holding resulting in a 20% minority stake in Ingenico Group's Chinese activities. Through this partnership, both companies will combine Ingenico Group's technologies and know-how in payment with Fosun's extensive foothold and investment capacity to further expand their position in the fast-growing Chinese payment ecosystem. Ingenico Group is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile.