a day ago
Worldline Seeks to Sell Unit to Focus Business After Stock Crash
Worldline SA entered into talks to sell its digital-services unit as the French payments company seeks to focus its activities after its stock collapsed following media reports alleging that it turned a blind eye to fraud.
The firm 'entered into exclusive negotiations' with Magellan Partners after receiving a binding offer that values the Mobility & e-Transactional Services business at €410 million ($473.6 million), according to a statement Tuesday. The unit has about 3,800 employees.
