Worldline completed the acquisition of the merchant acquiring activities of Banco Desio for €100m.

Worldline, a provider of information technology services, completed the acquisition of the merchant acquiring activities of Banco Desio, a bank providing cash management, leasing and factoring, asset management, internet banking, mobile banking, and foreign trade services, for €100m. "This transaction offers attractive development opportunities for Worldline in the coming years, leveraging a strong banking network as a key commercial channel in order to distribute Worldline’s full suite of end-to-end payment solutions to merchants. With this transaction, Worldline keeps on playing the leading role in the consolidation of the European payments industry, with a focus on value-creating consolidation opportunities, enhancing Worldline scale, reach and significant presence in a growing number of countries," Gilles Grapinet, Worldline CEO.