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Worldline Finalizes Sale of Indian Payment Activities to BillDesk
Worldline, a leader in payment services in Europe, has completed the sale of its Indian payment operations to BillDesk. This transaction, estimated at an equity value of approximately €60 million, aligns Worldline with a strong local partner in one of the fastest-growing payment markets. BillDesk will continue to utilize Worldline's advanced payment software through a long-term agreement, ensuring operational continuity.
Moreover, Worldline reaffirms its commitment to India as a talent and innovation hub. The company plans to leverage its Global Competence Centres to support its Western European operations and evolve them into innovation hubs.
Through various disposals, Worldline anticipates net cash proceeds of €590-640 million, enhancing strategic flexibility and supporting capital redeployment to core activities. This move strengthens Worldline's financial profile and future growth strategy.
R. E.
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