Global Payments' agreement to divest its issuer unit is the latest in a series of changes in a complex ownership strategy.

The acquisition will create a combined entity capable of 94 billion transactions and $3. 7tn in volume across 175 countries.

Citi upgraded FIS (FIS) to Buy from Neutral with a price target of $86, up from $79. The firm likes the strategic and financial merits of the ...

Payment technology company Global Payments (NYSE:GPN) on Monday disclosed a commitment letter with JPMorgan Chase (JPM) that ...

Global Payments has agreed to acquire Worldpay for $24.25 billion from Fidelity National Information Services and private ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

Global to buy Worldpay from FIS and GTCR for cash and stock To sell issuer solutions unit to FIS for $13.5 billion Deals will focus Global on merchant payments, FIS on banks As part of the deal ...

Global Payments, an Atlanta-based giant in the world of payments processing and technology, said Thursday it is acquiring rival Worldpay and will sell part of its business.

Global Payments (GPN) announced definitive agreements to divest its Issuer Solutions business to FIS for $13.5B and acquire Worldpay from GTCR ...

green up pointing triangle and private equity firm GTCR and shedding its Issuer Solutions business as it looks to double down on its core payments offering. The transaction aims to simplify its ...

GTCR will sell its 55% stake in Worldpay for cash and a 15% stake in Global Payments. Separately, FIS is buying Global Payments' Issuer Solutions business in a $13.5 billion deal to focus on issuer ...