(Reuters) – Payments company Worldline has bought a controlling stake in the commercial acquiring business of ANZ, leading to the creation of a 51%-49% joint venture with one of the largest banks in Asia-Pacific, it said on Friday.
“The new joint venture is a unique opportunity for Worldline to significantly expand its merchant acquiring business outside of Europe,” the company said in a statement.
(Reporting by Juliette Portala; Editing by David Goodman)