Worldline enters talks with Cuscal over New Zealand unit sale

2 days ago 3

Vidhya Edwards Munnangi

Wed, April 15, 2026 astatine 7:21 AM CDT 1 min read

Worldline has begun “exclusive” discussions with Cuscal connected a projected merchantability of its payment’s operations successful New Zealand, with the woody valued astatine astir €17m connected an endeavor basis.

The New Zealand concern handles astir 70% of in-store payments successful the state and works with each 4 large acquirers arsenic good arsenic astir 40 issuers, the institution said successful a statement.

The portion has operated separately from its main European business.

The projected disposal is portion of the group’s program to ore connected payments activities successful Europe, portion simplifying operations and reallocating resources.

Worldline enactment the expected endeavor worth of the transaction astatine astir €17m.

It said the portion of the concern nether merchantability is estimated to relationship for astir €35m successful gross and astir €12m successful adjusted EBITDA, with lone a constricted effect connected escaped currency flow.

The institution besides said nett currency proceeds from antecedently announced disposals specified arsenic MeTS, Worldline North America, Cetrel, PaymentIQ, Worldline India and Worldline New Zealand are expected to full €560m to €610m and should beryllium received successful 2026.

According to Worldline, the transaction is expected to implicit successful the 2nd 4th of 2026.

Citigroup was sole fiscal advisor to Worldline SA, portion Russell McVeagh served arsenic planetary ineligible counsel.

Worldline enactment the expected endeavor worth of the transaction astatine astir €17m. Credit: Worldline.

"Worldline enters talks with Cuscal implicit New Zealand portion sale" was primitively created and published by Electronic Payments International, a GlobalData owned brand.

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