Private equity firm GTCR buys majority stake valuing Worldpay at $18.5B

https://bankautomationnews.com/allposts/payments/private-equity-firm-gtcr-buys-majority-stake-valuing-worldpay-at-18-5b/
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Private equity firm GTCR LLC agreed to buy a majority stake in Worldpay, the Fidelity National Information Services Inc. unit that handles card payments for businesses all over the world, in a deal valuing the target at $18.5 billion. FIS will receive upfront, net proceeds of about $11.7 billion and retain a non-controlling 45% ownership […]

https://bankautomationnews.com/allposts/payments/private-equity-firm-gtcr-buys-majority-stake-valuing-worldpay-at-18-5b/