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ATLANTA--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced definitive agreements to divest its Issuer ...
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.
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 ...
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 has agreed to sell its issuer solutions business to FIS for $13.5 billion while acquiring Worldpay from investment firm GTCR and FIS for $22.7 billion. It's designed to reduce bank ...
The American fintech company sold Issuer Solutions, formerly known as TSYS, to Fidelity National Information Services (FIS) for $13.8 billion. In exchange, FIS sold its stake in Worldpay ...
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 ...
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 ...