ANZ today announced that it has entered into a binding agreement to acquire Worldline S.A's 51% share in Worldline Australia Pty Ltd (ANZ Worldline), the joint venture between ANZ and Worldline S.A that commenced in 2022.
Consistent with ANZ's 2030 strategy, this acquisition will enable ANZ to directly provide our customers with a holistic bank offering as part of our ambition to be a leading payments and transaction bank in the region.
ANZ Managing Director Transaction Banking, Institutional Lisa Vasic said: "The ANZ 2030 strategy puts transaction banking at the centre of what we deliver to customers - whether it's improving their experiences, offering them leading technologies and platforms, or keeping them safe.
"This acquisition will allow us to strengthen our direct relationship with our customers and better meet our customer's needs, as we continue to focus on providing our small business customers, right up to our largest Institutional customers, with a compelling merchant proposition," Ms Vasic said.
ANZ has agreed to acquire Worldline S.A's 51% share in ANZ Worldline for an enterprise value of $89 million (on a 51% basis), with an estimated implied equity value of approximately $30 million[1] (on a 51% basis). ANZ estimates completion of the transaction will have an approximately 6bps impact on Level 2 CET1.
Subject to Australian Competition and Consumer Commission approval, completion is expected to occur in the second half of the 2026 fiscal year.
There will be no change to the existing ANZ Worldline operations on completion, with customers continuing to use ANZ Worldline services and products as they do today.
About ANZ Worldline
ANZ Worldline is a joint venture between ANZ and Worldline S.A. Headquartered in Melbourne, ANZ Worldline provides Australian-based businesses with access to point of sale and online payments technology. ANZ and Worldline S.A currently hold a 49% and 51% interest respectively in ANZ Worldline.
[1] Equity value is an estimate only, with actual equity value being subject to timing for completion and customary completion adjustments, including net debt as at completion.
