Stock Market News
Worldline in commercial acquiring alliance with Australia’s ANZ
2022.04.01 10:10
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.