Corpay to acquire cross-border payments company

Atlanta--(business wire)--corpay, inc. (nyse: cpay), a global corporate payments company, today announced that it has signed a definitive agreement to acquire gps capital markets, llc. gps provides business-to-business cross-border and treasury management solutions to upper middle market companies, primarily in the us. the transaction is expected to close in early 2025, subject to regulatory approval and standard closing conditions. “gps is our third largest deal ever. we're quite excited about.
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