The acquisition of Worldpay for $24.3 billion has reinvigorated the mergers and acquisitions (M&A) market, which had been sluggish due to trade policy uncertainties under President Trump. Global Payments Inc. has acquired the remaining 45% stake in Worldpay from Fidelity National Information Services (FIS) and also agreed to purchase the 55% stake held by private equity firm GTCR LLC. Concurrently, Global Payments will sell its issuer-solutions business to FIS for an enterprise value of $13.5 billion. This deal creates a major player in the payment processing industry. — new from Bloomberg
