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Worldline To Acquire SIX Payment Services - Quick Facts

Atos reported that its subsidiary Worldline announced an agreement with SIX to enter into a strategic partnership where Worldline would acquire SIX Payment Services, the payment services division of SIX. The consideration for the deal is 2.303 billion euros composed of: 49.1 million of new Worldline shares to be issued, representing 27% of the share capital; and 283 million euros in cash.

After the completion of the transaction, Atos would own 51% of Worldline shares and SIX would become the second largest shareholder of the company. The transaction is expected to close during the fourth quarter of 2018.

Atos stated that it fully supports the transaction and has committed to vote all of the Worldline shares it currently holds in favor of the share issuance and the contribution at the Worldline Extraordinary General Meeting.

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