Handelsbanken has, on 26 July 2021, entered into an agreement to divest its card acquiring business to Worldline.
In conjunction with the agreement, the Parties have also entered into a distribution agreement with regards to card acquiring. The divestment is a consequence of Handelsbanken’s review of its payment business and is valued to approximately MSEK 2000.
Completion of the transaction is subject to regular approvals and is expected to take place during 2021.
Handelsbanken was advised by Mannheimer Swartling in the transaction.