AcquisitionWorldline has agreed with Italian bank Credem to acquire Credem's merchant acquiring activities for €95m, which includes a 15-year commercial agreement to sell Worldline products through Credem's network.
Business StrategyWorldline's potential disposal of MeTS is seen as a positive catalyst given the limited synergies with the core business, supported by their commentary at Q3 results suggesting 'portfolio pruning.'
Financial PerformanceWorldline successfully raised a €500m bond, which calmed the equity markets by clearing short-term concerns of a potential credit crunch.