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June 25, 2022
Finance Technologies

Worldline buys controlling stake in ANZ’s acquiring business

Worldline, the French payments giant which bought rival Ingenico earlier this year, has bought a controlling stake in Australian bank ANZ’s acquiring business. The stake, 51%, is worth around AUD 485 million ($365 million). ANZ will hold on to the remaining 49%. The French payments giant says Australia is an ideal stomping ground for international expansion The acquisition sees Worldline expand its merchant services outside of Europe, by becoming the owner of Australia’s third largest acquirer. As part of the acquisition, Worldline will bring onboard around 200 acquiring and payment technology employees from ANZ. Post-deal, Worldline calculates €74 billion in additional…
Worldline buys controlling stake in ANZ’s acquiring business

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