Worldline attracts early stage interest from private equity firms
French payments group Worldline has attracted early stage takeover interest from private equity firms, as it grapples with a falling […] The post Worldline attracts early stage interest from private equity firms appeared first on Reuters News Agency.
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French payments group Worldline has attracted early stage takeover interest from private equity firms, as it grapples with a falling share price, profit warnings and leadership change, five people with knowledge of the matter told Reuters.
Why it matters
Discussions about a potential deal come during a challenging period for Worldline. Its shares have fallen by 92% since July, 2021 when investor enthusiasm for payments companies peaked, after recording three profit warnings within a year.
The post Worldline attracts early stage interest from private equity firms appeared first on Reuters News Agency.
