(CercleFinance.com) – Worldline announces the signature of a firm agreement regarding the acquisition of Banco Desio’s merchant acquiring activities and the establishment of a commercial partnership aimed at leveraging its banking network to distribute its products and services in Italy.
The payment solutions group will carry out the operation via its joint venture Worldline MS Italy for approximately 100 million euros. The closing of the transaction is expected in the first quarter of 2023 after obtaining the usual regulatory approvals.
He expects an additional annual turnover of around 15 million euros in the first year with a double-digit organic growth rate expected over the next few years, as well as an OMDA margin of more than 30% at the end of the year. closing of the operation.