Worldline exercised on 24 July 2019 its call option on the 36.4% minority stake in equensWorldline, representing the final step of the Equens acquisition initiated in 2016 and allowing taking full ownership of equensWorldline.
The call exercise price is EUR 1,070 million for the remaining 36.4% stake and is financed by a EUR 600 million convertible bond issued on 25 July 2019 and a EUR 500 million bond issued on 11 September 2019. After the closing process, social process with the employee representative bodies could also be completed and regulatory approvals in the Netherlands.
For more information about Worldline, please check out a detailed profile of this company in our dedicated, industry-specific online company database.
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