Global Payments is set to acquire Worldpay in a $24.25 billion deal involving Fidelity National Information Services (FIS) and private equity firm GTCR, while simultaneously divesting its Issuer Solutions business. The transaction aims to streamline Global Payments’ business model and establish it as a dedicated commerce solutions provider for merchants globally. By focusing on its core payments offering, the company seeks to enhance its position in the competitive payments technology landscape.
— new from WSJ
