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Provider: Reuters Investment Profile
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Atos SE Completes Carve-out Process of Its New Subsidiary Worldline


Wednesday, 24 Jul 2013 01:08pm EDT 

Atos SE announced that it confirms the completion of the carve-out process of its global payment and transactional activities. Operational since July 1, 2013, the Company's new subsidiary Worldline combines in one entity the payment and transactions activities of Atos SE. With estimated pro forma revenues of EUR 1,068 million in fiscal year 2012, Worldline will operate under its own brand in 17 countries with a global reach and offices across Asia and Latin America. Worldline employs approximately 7,100 employees worldwide. Gilles Grapinet, Atos SE's Senior Executive Vice President Global functions, has been appointed Chief Executive Officer of Worldline; Marc-Henri Desportes, former Executive Vice President of Atos SE High-Tech Transactional (HTTS) Service Line is appointed General Manager of Worldline. 

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