Through the transaction, FIS will purchase Global Payments’ issuer-solutions business for a net purchase price of $12 billion, while Global Payments intends to buy Worldpay, which is 45% owned ...

“We’re hearing very strong commitments [from clients] to them. It’s very positive all around.” For the quarter, FIS reported $2.5 billion in total revenue, up 4% year-over-year. For Global Payments, ...

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 ...

Global Payments will acquire FIS' minority stake in Worldpay in exchange for Global Payments' Issuer Solutions business. It will also acquire the remaining stake in Worldpay from GTCR. Global ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Global Payments plans to acquire merchant services ...

Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from ...

Global and FIS also announced a business partnership as part of the deal. ExploreGlobal Payments sheds medical software firm in $1.13 billion deal Paying is an easily forgotten act. A simple swipe ...

In selling its Issuer Solutions unit to FIS for $13.5 billion, Global Payments is divesting a unit for back-end financial processing that has long been viewed as a stable provider of growth.

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 ...

The stock moves suggest FIS came out on top in the recently announced transaction. But some analysts see logic in Global Payments' latest move. The payment-technology world is getting a shakeup ...