March 18, 2019
Fidelity National Information Services (FIS) has agreed to purchase global leading payment solutions provider Worldpay Inc for a reported $35 billion (debt not included) transaction, exemplifying the industry shift towards large scale consolidation. The deal will be biggest takeover to date in the payments industry, which will see FIS assume Worldpay’s debt obligations – bringing the total value of the …
Read More »January 17, 2018
The global payments sector is set to be shaken up, as the UK High Court has allowed New York-listed payment processor Vantiv to combine with FTSE100 payments group Worldpay Plc. Last August, leading US payment systems provider Vantiv put forward a £9.3 billion offer to merge with Worldpay, seeking to form the outright leader in servicing global payments for in-store …
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