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 business to FIS for $13.5bn.

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced definitive agreements to divest its Issuer Solutions business to FIS ...

red down pointing triangle and private equity firm GTCR and shedding its Issuer Solutions business as it looks to double down on its core payments offering. The transaction aims to simplify its ...

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 ...

As part of the complex transaction, Global said it will sell its Issuer Solutions division, the part of the company that makes physical and virtual credit cards for its clients, to FIS for $13.5 ...

Global to buy Worldpay from FIS and GTCR for cash and stock To sell issuer solutions unit to FIS for $13.5 billion Deals will focus Global on merchant payments, FIS on banks As part of the deal ...

Global Payments offers Merchant Solutions and Issuer Solutions, focusing on SMBs and benefiting from acquisitions like EVO Payments. GPN has maybe a narrow economic moat based on integrated ...