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GlobalData on MSNGlobal Payments to buy Worldpay and divest Issuer Solutions arm to FISThe acquisition will create a combined entity capable of 94 billion transactions and $3. 7tn in volume across 175 countries.
Global Payments (NYSE:GPN) was trading lower after RBC Capital Markets downgraded the stock following a detailed review of ...
Fidelity National Information Services (NYSE:FIS) was rising after Oppenheimer upgraded the fintech on "shift toward a more ...
Credit: fizkes/ Shutterstock. Global Payments has agreed to acquire Worldpay from private equity firm GTCR and fintech company FIS for a total value of $24.25bn and divest its Issuer Solutions ...
"We like FIS's announced acquisition of Issuer Solutions, which strengthens its offerings to banks, complements its debit processing capabilities, and expands its recurring revenue stream," said ...
Global Payments' agreement to divest its issuer unit is the latest in a series of changes in a complex ownership strategy.
FIS's acquisition of GPN's Issuer Solutions for $12 billion strengthens its Banking and Payments Suite, promising quicker accretive benefits. The deal's success hinges on geopolitical stability ...
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...
Global Payments Inc. has entered into definitive agreements to acquire Worldpay for a net purchase price of $22.7 billion and divest its Issuer Solutions unit to FIS for $13.5 billion, a transaction ...
Global Payments Inc. has entered into definitive agreements to acquire Worldpay for a net purchase price of $22.7 billion and divest its Issuer Solutions unit to FIS for $13.5 billion, a transaction ...
The firm likes the strategic and financial merits of the Issuer Solutions acquisition. The deal fills a gap in scaled credit card processing capabilities, which are complementary to FIS’s core ...
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