Indian payments firm BillDesk has entered into an agreement to acquire the Indian payment operations of French payments major Worldline SA for an estimated equity value of about $70.8 million.
As part of the transaction, Worldline will also enter into a long term technology and software partnership with BillDesk, under which the Indian payments company will continue to use Worldline’s payment software on an ongoing basis.
The deal values Worldline’s India business at an enterprise value of $43.7 million.
Worldline said the proposed sale is part of…

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