Fis accelerates path to create two highly focused independent companies; announces agreement for gtcr to acquire majority stake in worldpay at $18.5 billion valuation

Jacksonville, fla.--(business wire)--fis® (nyse: fis), a global leader in financial services technology, today announced an acceleration of its previously announced separation plan to create two highly focused global companies with greater strategic flexibility. fis has signed a definitive agreement to sell a majority stake in its worldpay merchant solutions business to private equity funds managed by gtcr in a transaction valuing worldpay at $18.5 billion, including $1 billion of consideration.
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