Worldline Considers Asset Sales Amid Falling Share Price

French Lender Credit Agricole SA May Buy Shares to Stabilize the Company

Worldline, a French digital payments company, is considering asset sales to reassure shareholders following a sharp drop in its share price.
The company lost more than half its market capitalisation in late October after it cut its full-year financial targets, citing economic slowdown and increased scrutiny over money-laundering risks in Germany.
The potential asset sales are part of discussions with shareholders, with the most likely disposals coming from Worldline's Mobility division, which provides digital payment solutions for ticketing services.
The steep fall in Worldline's share price has made it vulnerable to a potential takeover, with U.S. rivals and private equity firms showing interest.
French lender Credit Agricole SA, an existing partner of Worldline, is considering buying shares in the company, a move that could potentially stabilize Worldline.