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FIS (NYSE:FIS), or Fidelity National Information Services, agreed to sell its stake in Worldpay to Global Payments (NYSE:GPN) for $6.6B pretax value, and to acquire GPN's Issuer Solutions business ...
Concurrently, FIS has entered into a definitive agreement to sell its stake in Worldpay to Global Payments for $6.6 billion in pre-tax value. This transaction accelerates the monetization of the ...
Fidelity reshaped its portfolio, selling Worldpay and acquiring GPN's Issuer Solutions to improve business mix and earnings quality. See why FIS stock is a Hold.
For investment bankers, Stephanie Ferris is the one client that just keeps on giving. Most Read from BloombergNJ Transit ...
“Worldpay couldn’t be a better complement to our merchant business.” The seller, FIS Inc., professes to be equally happy about the multi-dimensional deal, which also involves FIS’s agreement to pay ...
Global Payments has agreed to sell its issuer solutions business to FIS for $13.5 billion while acquiring Worldpay from investment firm GTCR and FIS for $22.7 billion. It's designed to reduce bank ...
Global Payments is acquiring Worldpay for $22.7 billion while divesting its Issuer Solutions business to FIS for $13.5 billion. The move refocuses Global Payments as a pure-play merchant solutions ...
The deal also involves the sale of Global Payments' Issuer Solutions business to FIS for $13.5 billion. Global Payments said a combined company with Worldpay would have a customer base of more ...
Worldpay is owned by private equity firm GTCR and the financial technology company FIS. As part of the complex transaction, Global said it will sell its Issuer Solutions division, the part of the ...