Fidelity reshaped its portfolio, selling Worldpay and acquiring GPN's Issuer Solutions to improve business mix and earnings ...

FIS (NYSE:FIS), or Fidelity National Information Services, agreed to sell its stake in Worldpay to Global Payments (NYSE:GPN) for $6.6B pretax value, and to acquire GPN's Issuer Solutions business ...

The company’s chief financial officer was in the hot seat last week, explaining at an investor conference how he’ll bolster ...

“Worldpay couldn’t be a better complement to our merchant business.” The seller, FIS Inc., professes to be equally happy about the multi-dimensional deal, which also involves FIS’s agreement to pay ...

Global Payments has agreed to sell its issuer solutions business to FIS for $13.5 billion while acquiring Worldpay from investment firm GTCR and FIS for $22.7 billion. It's designed to reduce bank ...

Bready concluded, “We could not be more excited about the future, as we bring together Global Payments and Worldpay and establish a strategic partnership with FIS. These transactions enhance our ...

Global Payments is acquiring Worldpay for $22.7 billion while divesting its Issuer Solutions business to FIS for $13.5 billion. The move refocuses Global Payments as a pure-play merchant solutions ...

Global Payments will acquire FIS' minority stake in Worldpay in exchange for Global Payments' Issuer Solutions business. It will also acquire the remaining stake in Worldpay from GTCR. Global ...

The payment company's restructured Genius point of sale system is designed to cover all types of merchants to keep them away ...

First quarter revenue increased 2% on a GAAP basis and 2% on an adjusted basis as compared to the prior-year period to $1.7 billion, including recurring revenue growth of 3%. Adjusted EBITDA margin ...

In the summer of 2023, I believed that Fidelity National Information Services (NYSE:FIS) had seen a very painful roundtrip transaction for Worldpay. The company sold a majority stake in Worldpay ...