Payment services provider Worldline SA (EPA:WLN) today announced the proposed sale of its Indian payment activities to BillDesk, a top-tier Indian payments leader, for an estimated equity value at closing of about €60 million.

In parallel, Worldline will be entering into a long-term technology and software pact, under which BillDesk will continue to leverage Worldline’s advanced payment software on a long-term basis.

Enterprise Value is €37 million and estimated equity value at closing is €60 million.

This contemplated transaction marks a significant milestone in the execution of Worldline’s strategy to sharpen Group’s focus on core payment activities in Europe, streamline operations and optimise resources allocation. The estimated cash proceeds of the contemplated transaction would further strengthen the Group’s financial profile, enhance strategic flexibility and support the redeployment of capital towards core activities.

The combined net cash proceeds from all the already announced disposals (MeTS, Worldline North America, Cetrel, PaymentIQ and Worldline India) are estimated at €540-590 million and should be received in 2026.

The closing of the contemplated transaction is expected in H2 2026 subject to the completion of customary processes in accordance with applicable laws.

BNP Paribas acted as sole financial advisor, Hogan Lovells acted as international legal counsel and Cyril Amarchand Mangaldas acted as Indian legal counsel to Worldline SA.