India, April 14 -- Worldline SA (WLN.PA, WWLNF,WRDLY), a provider of payment and transaction services, on Tuesday announced that it has entered into exclusive negotiations with Cuscal Ltd. (CCL.XA) for the proposed sale of its New Zealand payment activities for 17 million euros.
The transaction is expected to close in the second quarter of 2026.
The divestment forms part of the company's strategy to sharpen its focus on European payment operations, streamline activities and optimise resource allocation.
Worldline's New Zealand payments business processes around 70% of all in-store transactions in the country, serving all four major acquirers and approximately 40 issuers.
The business generated revenue of approximately 35 million euros a...