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Baker McKenzie has advised Atos, a global leader in digital transformation, and its subsidiary Worldline [Euronext: WLN], on its acquisition of 100% of the share capital of First Data Corporation's (NYSE: FDC) wholly owned subsidiaries in Lithuania, Latvia and Estonia ("First Data Baltics"), for c.€73 million.

The joint London-Paris team was led by Corporate partner Alain Sauty de Chalon (Paris), alongside David Hart and Tom Edwards (London senior associates) and Anna Scott (London associate).

Worldline is the European leader and a global player in the payments and transactional services industry. Its activities are organized around three pillars: Merchant Services & Terminals, Mobility & e-Transactional Services and Financial Processing Services & Software Licensing. Worldline employs more than 8,700 people globally.

First Data Baltics is the leading payment processor in the Baltics. It provides a large range of outsourcing services to major banking groups in the Baltics as well as several banks in the Northern European region.

With this acquisition, Worldline anticipates being able to accelerate the revenue growth of its Financial Processing division from 2018 onwards.

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