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Global Payments Acquires Worldpay for $22.7 Billion, Sells Issuer Solutions to FIS

The deal creates a global payments giant serving over six million customers, with closure expected in 2026 pending regulatory approval.

Stephanie Ferris is the CEO of Fidelity National Information Services or FIS.
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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.