European digital payment service group Worldline (WLN.PA) has completed its divestment scheme with the sale of a 51% stake in its Australian payment business. The move is aimed at reducing the company's portfolio of businesses and returning to growth. Since its peak, Worldline has faced multiple challenges including multiple profit warnings, governance shake-ups, and allegations of client fraud. The company reported an 0.5% organic decline in quarterly revenues to €831 million ($972 million), compared to €825 million expected by analysts. The combined net cash proceeds from all the announced divestments are expected to be between 590-640 million euros.