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FIS®, a global leader in financial technology, today announced the expansion of its partnership with Visa, a world leader in digital payments, to arm financial institutions of all sizes with turnkey ...
While the price might have been lower than some had hoped, Dun & Bradstreet Holdings Inc. shareholders overwhelmingly ...
In July 2023, GTCR acquired a 55% majority stake in Worldpay from FIS for $11.7 billion, valuing the company at $18.5 billion. Now, GTCR is selling Worldpay for $24.25 billion, alongside FIS.
The sale of 45% of Worldpay for $6.6 billion represents a multiple of approximately 10.5x expected 2025 EBITDA, a premium to the 9.8x valuation of FIS’ February 2024 sale of its 55% stake in ...
On February 1, 2024, Fidelity National Information Services (NYSE: FIS, $73.46, Market Capitalization: $42.3 billion) disclosed the completion of sale of a 55.0% ownership stake in the Worldpay WP ...
Worldpay completes FIS separation. Worldpay, LLC, (the “Company”), a global industry leader in payments technology and solutions, announced today that it has closed upon its previously ...
Fidelity National Information Services, Inc. FIS recently announced that its Worldpay business inked a deal to expand its partnership with HMV. FIS will aid HMV, a British entertainment and music ...
FIS has signed a definitive agreement “to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR in a transaction valuing Worldpay at $18.5 ...
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.
Worldpay would retain its brand. FIS initially acquired Worldpay in 2019, part of a series of deals that combined bank technology and payment processing companies during that year as firms such as ...
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 ...
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