Global Payments Inc. has announced definitive agreements to divest its Issuer Solutions business to FIS for $13.5 billion and acquire Worldpay from GTCR and FIS for a net purchase price of $22.7 billion. This transaction positions Global Payments as a leading merchant solutions provider with extensive global reach, serving over 6 million customers and enabling approximately 94 billion transactions annually. The acquisition of Worldpay and divestiture of Issuer Solutions aim to sharpen Global Payments’ strategic focus as a pure-play merchant solutions business. The combined company expects to deliver significant value through enhanced capabilities and expanded distribution networks. The transaction is expected to be modestly accretive in the first year post-close and highly accretive thereafter. It also anticipates delivering approximately $600 million in annual run-rate cost synergies and at least $200 million in revenue synergies over three years. The deal is subject to regulatory approvals and is expected to close in the first half of 2026.
— new from Business Wire
