(RTTNews) - ACI Worldwide (ACIW) announced an agreement to divest its corporate online banking solutions to One Equity Partners, a middle market private equity firm. OEP will acquire ACI Digital Business Banking for $100 million in cash.
The company noted that the divestment aligns with its three-pillar strategy - fit for growth, focused on growth and step-change value creation - aimed at short- and long-term shareholder value creation.
The company will update financial guidance when the transaction closes and expects the timing to be in third quarter, 2022.
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