Atos subsidiary Worldline is to acquire SIX Payment Services in a cash and loan deal worth € 2.3bn ( $ 2.7bn ) . Upon completion in Q4 , the purchase would give Swiss payment exchange operator plc , the parent company of the payment services outfit , a 50 % stake in Worldline , which expects group revenue to rise by 30 % as a result of the deal . In addition , it will expand its presence to markets in Luxembourg , Switzerland and Austria , and strengthen its footprint in Germany .
Atos subsidiary Worldline is to acquire SIX Payment Services in a cash and shares deal worth €2.3bn ($2.7bn). Upon completion in Q4, the purchase would give Swiss stock exchange operator SIX, the parent company of the payment services outfit, a 27% stake in Worldline, which expects group revenue to rise by 30% as a result of the deal. In addition, Worldline will expand its presence to markets in Luxembourg, Switzerland and Austria, and strengthen its footprint in Germany.