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CRARY Credit Agricole SA (PK)

6.79
-0.08 (-1.16%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Credit Agricole SA (PK) USOTC:CRARY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.08 -1.16% 6.79 6.79 6.88 6.8194 6.7302 6.76 226,228 21:00:34

Worldline Shares Rise After Credit Agricole Buys Minority Stake

22/01/2024 9:00am

Dow Jones News


Credit Agricole (PK) (USOTC:CRARY)
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By Pierre Bertrand

 

Shares in Worldline rose Monday after French bank Credit Agricole said it had bought a minority stake in the payments company.

At 0823 GMT Worldline shares were trading 5.2% higher to EUR13.80.

The bank bought a 7% minority stake in the French online payments provider, it said Monday.

The acquisition followed an agreement made in July to create a joint venture in the merchant payment services sector.

"The preparatory work for the creation of the announced joint-venture between Credit Agricole Group and Worldline is progressing according to the announced schedule, with operational launch planned in 2024, as soon as the customary regulatory approvals have been obtained," the bank said.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

January 22, 2024 03:45 ET (08:45 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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