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 ...

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 ...

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 ...

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 ...

FIS FIS, the financial-tech company, or fintech, previously announced plans to spin off its merchant business, which largely consists of Worldpay, which it acquired in 2019 for $43 billion.

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 ...

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 ...

In a fleeting 10-minute conference call, FIS Inc. announced early Thursday a move to sell a 55% interest in its merchant-processing business, which principally consists of the Worldpay unit it ...

Global Payments agreed to buy Worldpay for $24.25 billion from GTCR (a private equity firm with a long history of investing in fintech) and Fidelity National Information Services, or FIS ...

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.