FIS™ (NYSE:FIS), a global leader in financial services technology, and Worldpay, Inc. (NYSE:WP; LSE:WPY), a global leader in eCommerce and payments, a
Source: www.businesswire.com
FIS has agreed to acquire Worldpay for about $43 billion in combination of cash and stock. At the closing, Worldpay shareholders will be entitled to receive 0.9287 FIS shares and $11.00 in cash for each share of Worldpay. FIS shareholders will own ~53% while Worldpay shareholders will own ~47% of the combined company. The combined company expects to generate annual revenue of over $12 billion and $500 million of revenue synergies. The deal is expected to close in the second half of 2019.
