Worldline SA (ENXTPA:WLN) agreed to acquire 80% stake Axepta S.p.a for €180 million on July 1, 2021. Axepta S.p.a has an enterprise value of € 220 million. BNL will retain a 20% ownership in Axepta. The will enable Worldline to create a joint venture with BNL banking group. The transaction is subject to satisfaction of customary condition precedent. The deal is expected to close in the end of 2021 or beginning 2022. Cleary Gottlieb Steen & Hamilton LLP (France) acted as legal advisor for Worldline SA. Francesco Stella, Paola La Gumina, Elisabetta Zeppieri, Claudia Colomba, Maria Luce Piattelli, Vittorio Moresco, Fabrizio Grillo, Serena Pietrosanti, Sabrina Borocci and Aurora Muselli of Hogan Lovells Studio Legale acted as legal advisor for Banca Nazionale.

Worldline SA (ENXTPA:WLN) completed the acquisition of 80% stake Axepta S.p.a on September 14, 2021.