Overview

• Global Payments will purchase Worldpay from FIS and GTCR for $22.7 billion, marking a significant move in the payments industry.
• To fund the acquisition, Global Payments will sell its issuer solutions unit to FIS for $13.5 billion and issue $7.7 billion in new debt.
• The combined company will process $3.7 trillion in annual volume across 175+ countries and serve over six million customers.
• GTCR will receive a 15% equity stake in the merged entity, valued at $21 billion, with shares priced at $97 each.
• The merger aims to achieve $600 million in annual cost savings and $200 million in additional revenue within three years.