Worldline Enters Talks To Sell New Zealand Payments Unit For EUR 17 Mln

Worldline has entered exclusive negotiations to sell its New Zealand payment activities to Cuscal for 17 million euros. The announcement is a routine portfolio rationalization move and is financially modest relative to the company’s scale. The news is likely to have limited market impact unless further deal terms materially change.

Analysis

Worldline has entered exclusive negotiations to sell its New Zealand payment activities to Cuscal for 17 million euros. The announcement is a routine portfolio rationalization move and is financially modest relative to the company’s scale. The news is likely to have limited market impact unless further deal terms materially change.