The disposal lifts estimated net cash proceeds from Worldline’s announced divestments to €590-640M as the payments group says it is sharpening focus on its North Star 2030 plan.
Worldline said it has completed the sale of its 51% stake in Worldline Australia Pty Ltd, which trades as ANZ Worldline Payment Solutions, to joint-venture partner ANZ for an enterprise value of about €107 million on a 100% basis. The Australian business is described as an established merchant acquiring player serving SMB and enterprise clients, and Worldline said it will continue providing technology and software services to ANZ during a transitional period to support operational continuity. The company added that combined net cash proceeds from all previously announced divestments are estimated at €590 million to €640 million, excluding cash on the balance sheet and including transaction fees, which it said would strengthen its financial profile, improve strategic flexibility and help redeploy capital toward core activities. Management said it remains focused on executing the North Star 2030 transformation plan to restore revenue growth and strong free cash flow generation.