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Latham & Watkins Assists Worldline in Securing CFIUS Clearance

November 2, 2020
CFIUS concluded that there were no unresolved national security issues with respect to Worldline’s US$8.7 billion business combination with Ingenico.

Worldline SA [Euronext: WLN], the European leader in the payment and transactional services industry, received clearance from the Committee on Foreign Investment in the United States (CFIUS) in connection with its €7.8 billion (US$8.7 billion) business combination with Ingenico Group SA [Euronext: FR0000125346 – ING]. CFIUS concluded that there were no unresolved national security issues with respect to the transaction.

Latham & Watkins LLP advised Worldline on the CFIUS clearance process with a team led by Washington, D.C. partner Les Carnegie and counsel Rachel Alpert, with associate Julie Choi Shin. Latham also advised Worldline on antitrust matters in connection with the transaction with a team led by Paris partner Jacques-Philippe Gunther and counsel Mathilde Saltiel, with associates Wenceslas Chelini, Laure Maes, and Chloé Spyratos. The Worldline in-house team was led by Charles-Henri de Taffin, Group Head of Legal, and Benjamin Thorez, Group Head of Legal Corporate Affairs.