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 […]
FIS acquisition of Worldpay : US financial services technology provider Fidelity National Information Services (FIS) has signed a $43 billion worth cash-cum-stock deal to acquire payment processing company Worldpay. Worldpay, which operates three divisions – Global eCom, Worldpay US and Worldpay UK, provides solutions for multi-currency processing, card payments, online transactions and contactless payments. Headquartered […]
