FinanceMagnates
Global Payments is expanding into merchant services with
the acquisition of Worldpay for $24.25 billion. The move is part of a complex
three-way transaction involving private equity firm GTCR and former parent FIS. According to the company’s announcement, the transaction combines two major players in digital payments and transforms Global Payments into a merchant-focused company…
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Global Payments to Acquire Worldpay in $24 Billion Deal
Global Payments is expanding into merchant services with the acquisition of Worldpay for $24.25 billion. The move is part of a complex three-way transaction involving private equity firm GTCR and former parent FIS. According to the company’s announcement, the transaction combines two major players in digital payments and transforms Global Payments into a merchant-focused company…