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The three banks have committed to subscribe around 135 million euros.
Upon completion of the capital raise, expected in the first quarter of 2026, Bpifrance will hold a 9.6% stake in Worldline, Credit Agricole 9.5%, and BNP Paribas 7.9%.
The company has faced challenges including client retention, repeated profit warnings, governance instability, and a broader slowdown in consumer spending that has impacted the payments industry.
Worldline has experienced cash flow pressures this year due to weaker earnings and high restructuring costs, forecasting free cash flow between break-even and a 30-million-euro loss by the end of 2025.
Still, on Thursday, it set longer-term targets of 4% annual revenue growth between 2027 and 2030, 1 billion euros in core earnings, and positive free cash flow as early as 2027.
The company also said that the planned divestments of its mobility unit, its North American operations, and its electronic data management business will bring in up to 400 million euros in cash proceeds.
($1 = 0.8575 euros)
Reporting by Gianluca Lo Nostro; Editing by Matt Scuffham
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