Finextra
Under the terms of the transaction, SIX Payment Services will will receive a 27% stake in Worldline, while Atos will retain is majority 51% share in the business. The transaction is the latest in a series of deals across a rapidly consolidating payments market in Europe, in which large players with a broad product and geographic offering are gaining a competitive edge. SIX, which hired JPMorgan to run the rule over its payments services unit last September, says the combined company will be the largest European provider in the payments industry.
