Worldline: acquires 80% of EBMA in Greece

(CercleFinance.com) - Worldline has announced that it has signed an agreement to acquire 80% of the merchant acquiring business of Eurobank (EBMA), one of the leading acquirers in Greece that has a market share of around 20%.


EBMA handles approximately 219 million transactions per year, representing a payment volume of approximately seven billion euros. This represents additional annual revenue of about 35 million euros with an OPEX margin of around 30%.

Worldline estimates that it will make a 256 million euro payout at closing, which is expected in H2 2022, subject to customary conditions precedent. Eurobank will retain a 20% stake in EBMA.



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