Worldline in commercial acquiring alliance with Australia’s ANZ By Reuters

April 1, 2022 admin Stock News 0


© Reuters. FILE PHOTO: A pedestrian is reflected in the window of a branch of the Australia and New Zealand Banking Group (ANZ) in central Sydney, Australia, October 25, 2017. Picture taken October 25, 2017. REUTERS/Steven Saphore/

(Reuters) – Payments company Worldline has bought a controlling stake in the commercial acquiring business of ANZ, leading to the creation of a 51%-49% joint venture with one of the largest banks in Asia-Pacific, it said on Friday.

“The new joint venture is a unique opportunity for Worldline to significantly expand its merchant acquiring business outside of Europe,” the company said in a statement.

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