Fis completes sale of majority stake of worldpay to gtcr

Jacksonville, fla.--(business wire)--fis® (nyse: fis), a global leader in financial technology, today announced the completion of the previously announced sale of a majority stake in its worldpay merchant solutions business to private equity funds managed by gtcr in a transaction valuing the business at an enterprise value of $18.5 billion, including $1 billion of consideration contingent on the returns realized by gtcr exceeding certain thresholds. the completion of the transaction reinforces.
FIS Ratings Summary
FIS Quant Ranking