15 May 2018: Worldline, [Euronext: WLN] European leader in the payments and transactional services industry and SIX, announced today that they have signed an agreement to enter into a strategic partnership where Worldline would acquire SIX Payment Services, the payment services division of SIX, for a consideration of € 2,303 million (CHF 2,750 million).
Worldline employs more than 9,400 people worldwide, with estimated revenue of c. 1.6 billion euros on a yearly basis. Worldline is an Atos company (worldline.com; atos.net).
For further details regarding the transaction see https://worldline.com/en/home/newsroom/press-releases-investors/2018/pr-2018_05_15_01.html .
Niederer Kraft Frey acted as Swiss counsel to Atos / Worldline in the transaction. The NKF team was led by M&A partner Philippe Weber and further comprised partners Bertrand Schott (partner, Financial Services), Manuel Werder (M&A), Andras Gurovits (IT), Nicolas Birkhäuser (competition) and Andreas Vögeli (real estate), as well as a team of NKF associates including Samuel Hochstrasser, Dominik Penkov, Alex Attinger, Giulia Ghezzi, Shu Bernet Zhang and others.
The Atos / Worldline team was led by Alexandre Menais, Group Executive Vice President in charge of M&A Strategy and Development, and further comprised Damien Catoir (Associate Group General Counsel Atos), Anne-Sophie Poirier (Head of Legal - Mergers & Acquisitions Atos) and others.