Worldline Announces Contemplated Divestment of Payments Orchestration Platform PaymentIQ to Incore Invest

Core Insights - Worldline is divesting PaymentIQ, a payment orchestration platform, to Incore Invest for approximately €160 million, marking a strategic refocus on core European payment activities [1] - The divestment is part of Worldline's North Star transformation plan aimed at simplifying operations and optimizing resource allocation [1] - The expected financial impact of the divestment includes an estimated €50 million in revenue, €40 million in Adjusted EBITDA, and €30 million in free cash flow for 2026 [1] Financial Overview - The total expected cash proceeds from various disposals, including PaymentIQ, are projected to be in the range of €510-560 million [1] - Worldline generated €4.6 billion in revenue in 2024, indicating strong business performance [2] Strategic Focus - The divestment aligns with Worldline's strategy to enhance its financial profile and support the redeployment of capital towards core activities [1] - Worldline aims to design and operate digital payment solutions that promote sustainable economic growth and reinforce trust and security [2]