FIS exits Worldpay, buys Global Payments’ issuer solutions
Acquisition will cost FIS $13.5B
FIS has announced a significant reshaping of its business with two strategic moves: the sale of its remaining 45% stake in Worldpay and the acquisition of Global Payments’ Issuer Solutions business. The divestiture of Worldpay to Global Payments will bring in $6.6 billion, which FIS plans to use to reduce debt and support share repurchases. […]
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