FIS advances separation plan, offloading Worldpay stake to GTCR funds

FIS advances separation plan, offloading Worldpay stake to GTCR funds

FIS, a global powerhouse in financial services technology, announced today the acceleration of its prior plan to separate into two distinct global entities, thereby improving strategic flexibility. To this end, FIS has signed a definitive agreement to divest a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR. The […]