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New Deal


Announced

Completed

Worldline completed the acquisition of an 80% stake in Axepta Italy from BNL for €180m.

Financials

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Transaction Value£150m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private

Payments / Commerce

payment solutions

Cross Border

Italy

banking

Friendly

Majority

Acquisition

Completed

Synopsis

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Worldline, a global firm in the payments industry, completed the acquisition of an 80% stake in Axepta Italy, a payment solutions provider, from BNL, a banking group, for €180m ($213m). “Through this partnership, BNL aims to pursue its specialization’s journey in payment solutions initiated during the last years with Axepta, after having acquired in 2016 100% of the JV, BNL positivity created in the past with another player. The Worldline’s footprint as well as its expertise ensures a high standard of service level, quality and performance of its payment solutions. This will allow us to propose to our customers a broad range of products, services and payment solutions, permanently in evolution thanks to innovation and new technologies’ best use," Marco Tarantola, BNL Deputy General Manager.

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