Worldline sells its payment terminals to Apollo for 2.3 billion euros

Posted Feb 21 2022 at 7:07Updated Feb 21. 2022 at 06:14 PM

Worldline struggling to find the ear of the markets . Down more than 30% since the announcement of the takeover of Ingenico in February 2020, the stock market price of the former payment subsidiary of Atos fell almost 3% on Monday (after having been up by 4%), despite the fulfillment of a promise expected from investors: the sale of payment terminals.

The French group has indeed announced the entry into exclusive negotiations with the world number two in private equity Apollo . The American investment firm is ready to sign a check for 1.7 billion euros, associated with preferred shares valued at 600 million euros, for a total price of 2.3 billion euros. This could reach 2.6 billion if Apollo executes 90% of the previously negotiated business plan.

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