Worldline Begins Final Capital Raise Underpinning Recovery Plan

Worldline SA announced the launch of a €392 million ($453 million) capital increase, as it seeks to draw a line under last year’s turmoil.

The transaction is “the final step” of its previously announced plan to raise a total of about €500 million, the French payments firm said in a statement on Thursday. It follows reserved capital increases of €108 million that completed on Mar. 10.