Worldpay is being taken private as part of a revised agreement to split off from FIS. The bank-technology seller Fidelity National Information Services is moving forward with its plan to separate from ...

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 ...

US financial technology group FIS last month announced plans to spin off Worldpay just four years after paying $43bn for the group in a deal now seen as the high watermark for the consolidation ...

In helping to unwind FIS’s $30bn-plus 2019 acquisition of Worldpay, GTCR will finance its purchase with more than $8bn in bank debt financing, the largest package of its kind for a new private ...

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 ...

The majority of FIS' stake in the Worldpay business will be sold to private-equity fund GTCR in a deal that values the company at $18.5 billion, FIS said Thursday. FIS will receive about $11.7 ...

The payments firm Worldpay spent less than five years as part of the bank technology company FIS, as the latter has decided it would be better to set Worldpay loose to scoop up other fintechs without ...

July 6 (Reuters) - Private equity firm GTCR LLC on Thursday agreed to buy a 55% stake in Worldpay, the merchant services business of Fidelity National Information Services (FIS.N), opens new tab ...

While peer Worldpay struggled under FIS' roof, we think that was due to underinvestment. Through the pandemic, Global Payments did feel the pinch from the coronavirus pandemic as payment ...

The move would unwind a previous merger to create two companies: Worldpay for payments; and FIS, which provides banks and capital-markets firms with software and other services.