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Mon, December 2, 2024

Exclusive: Worldline attracts early stage interest from private equity firms, sources say


Published on 2024-12-02 14:00:48 - Bill Williamson, WOPRAI
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  • French payments group Worldline has attracted early stage takeover interest from private equity firms, as it grapples with a falling share price, profit warnings and leadership change, five people with knowledge of the matter said.

Worldline, a French payment services company, has attracted early-stage interest from private equity firms such as Apollo Global Management, CVC Capital Partners, and Hellman & Friedman, according to sources cited by Reuters on December 2, 2024. This interest comes as Worldline has been exploring strategic options, including a potential sale, amidst a challenging market environment. The company, which has seen its shares drop significantly, is also dealing with a broader industry trend where payment firms face increased competition and regulatory scrutiny. Worldline has not made any final decisions, and discussions are in preliminary stages, with no certainty that a deal will materialize.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/worldline-attracts-early-stage-interest-private-equity-firms-sources-say-2024-12-02/ ]
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