Worldline divests New_Zealand payments to Cuscal_Limited

World line>>> has finalized the divestment of its New Zealand>>> payment activities to Cuscal>>> for an enterprise value of approximately €17M. This transaction is a key step in World line>>>'s strategy to focus on its core payment activities in Europe>>>, streamline operations, and optimize resource allocation. The New Zealand>>> business, which processes about 70% of in-store transactions in the country, will continue to receive technology and software services from World line>>> for a transitional period. This divestment contributes to World line>>>'s total estimated net cash proceeds of €590-640M from various disposals, including North American Cobalt Inc.>>>, Cetrel>>>, PaymentIQ>>>, Worldline — Worldline Merchant Services India>>>, and Worldline — Worldline Australia>>>.