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.