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ABN AMRO completes stake dilution in Equens

on Sept. 30completed the dilution of its stake in Equens NV to 7.0% from 18.4%, following the satisfactionof closing conditions.

Thetransaction, announced in November 2015, results in a positive financial impactfor ABN AMRO of between €40 million and €50 million.

ABNAMRO's stake was reduced as part of the acquisition by payments andtransactional services firm Worldline of a majority stake in Equens, alsocompleted Sept. 30.

Underthe deal, Bezons, France-based Worldline acquired Equens' Paysquare commercialacquiring unit for €72 million in cash and combined its financial processingbusinesses with Equens to create equensWorldline. Worldline owns 63.6% ofequensWorldline, with the remainder held by the Dutch company's formershareholders.