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


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Published in Business and Finance on by Bill Williamson   Print publication without navigation

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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