Worldline: Signs a strategic partnership with BNL in merchant acquiring in italy
- Worldline is the European leader in the payments and transactional services industry and #4 player worldwide
- Announced the signing of a binding agreement for the acquisition of 80% of Axepta Italy
- Creation of a joint venture with BNL banking group through the acquisition of 80% of Axepta Italy based on a € 220 million enterprise value
- Commercial partnership aiming to leverage BNL’s banking network in order to distribute payment products
- Strategic opportunity to expand Merchant Services activities in the very promising Italian market
- High growth and synergies potential, by combining Axepta Italy existing presence with scale and best in class offerings
