Molinari Agostinelli Studio Legale
Italy:
Worldline To Acquire Banco Desio Merchant Acquiring Activities
10 November 2022
Molinari Agostinelli Studio Legale
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Banco Desio sold its merchant acquiring business for €100
million to Worldline Merchant Services Italia, a subsidiary of the
French group Worldline. In this context Banco Desio and Worldline
Italia also signed a commercial partnership aiming to distribute
Worldline's payment products and services
to merchant customers of the bank in Italy.
Our firm advised Banco Desio with a team composed of partners
Ugo Molinari and Margherita Santoiemma and associates Andrea Cecchi
and Stefano Cova for corporate aspects, senior counsel Daniela
Runggaldier for regulatory matters and managing counsel Lorenzo
Caruccio for golden power-related issues.
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