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FIS breaks the bank with Worldpay $43 billion transaction

SBC News FIS breaks the bank with Worldpay $43 billion transaction

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 …

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