Banking

Private equity company GTCR purchases bulk stake valuing Worldpay at $18.5B

Private equity company GTCR LLC consented to purchase a bulk stake in Worldpay, the Fidelity National Information Services Inc. system that manages card payments for companies all over the world, in an offer valuing the target at $18.5 billion. FIS will get in advance, net earnings of about $11.7 billion and keep a non-controlling 45% ownership […]

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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