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FIS / FIS accelerates plan to split in two with deal to sell Worldpay to GTCR at a valuation of $18.5 billion

FIS accelerates plan to split in two with deal to sell Worldpay to GTCR at a valuation of $18.5 billion
Fidelity National Information Services Inc. FIS said Thursday it is accelerating its plan to split into two companies with an agreement to sell a majority stake in its Worldpay Merchant Solutions business to private-equity funds managed by GTCR in a deal that values Worldpay at $18.5 billion. FIS previously announced plans to spin off its merchant business, which largely consists of Worldpay, into a separate business, a move that would walk back the company's merger with Worldpay that was announced in early 2019. Read More
Posted: Jul 6 2023, 07:05
Author Name: Market Watch
Views: 111541

FIS News  

Why Is Fidelity National (FIS) Down 2.5% Since Last Earnings Report?

By Zacks Investment Research
September 1, 2023

Why Is Fidelity National (FIS) Down 2.5% Since Last Earnings Report?

Fidelity National (FIS) reported earnings 30 days ago. What's next for the stock? more_horizontal

Unraveling the Valuation Conundrum of Fidelity National Information Services Inc (FIS)

By GuruFocus
August 5, 2023

Unraveling the Valuation Conundrum of Fidelity National Information Services Inc (FIS)

With a daily gain of 2.65%, and a Loss Per Share of 39.77, Fidelity National Information Services Inc ( FIS , Financial) presents an intriguing case f more_horizontal

Fidelity National (FIS) Q2 Earnings Beat, '23 View Raised

By Zacks Investment Research
August 2, 2023

Fidelity National (FIS) Q2 Earnings Beat, '23 View Raised

Fidelity National (FIS) rewards $309 million to its shareholders via dividends in the second quarter. more_horizontal

Here's What Key Metrics Tell Us About Fidelity National (FIS) Q2 Earnings

By Zacks Investment Research
August 2, 2023

Here's What Key Metrics Tell Us About Fidelity National (FIS) Q2 Earnings

While the top- and bottom-line numbers for Fidelity National (FIS) give a sense of how the business performed in the quarter ended June 2023, it could more_horizontal

Fidelity National Information Services (FIS) Q2 Earnings and Revenues Top Estimates

By Zacks Investment Research
August 2, 2023

Fidelity National Information Services (FIS) Q2 Earnings and Revenues Top Estimates

Fidelity National Information Services (FIS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.48 per sh more_horizontal

What's in the Cards for Fidelity National (FIS) in Q2 Earnings?

By Zacks Investment Research
July 28, 2023

What's in the Cards for Fidelity National (FIS) in Q2 Earnings?

Fidelity National's (FIS) second-quarter results are likely to reflect improved transaction and account growth benefiting the Banking and Capital Solu more_horizontal

FIS or MA: Which Is the Better Value Stock Right Now?

By Zacks Investment Research
July 13, 2023

FIS or MA: Which Is the Better Value Stock Right Now?

Investors with an interest in Financial Transaction Services stocks have likely encountered both Fidelity National Information Services (FIS) and Mast more_horizontal

Fidelity National (FIS) to Sell 55% Stake in Worldpay to GTCR

By Zacks Investment Research
July 7, 2023

Fidelity National (FIS) to Sell 55% Stake in Worldpay to GTCR

Fidelity National (FIS) will receive net proceeds of $11.7 billion from the majority stake sale in the Worldpay Merchant Solutions business. more_horizontal


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