FIS plans to raise $11bn for Worldpay purchase

Adobestock_230_150_credit_card_payment
By Mike Turner
18 Mar 2019

US company FIS is buying the formerly RBS-owned Worldpay in a debt-funded $43bn transaction, a deal that will form one of the biggest financial services technology and payment companies in the world.

FIS is offering 0.9287 of its shares and $11 cash for each Worldpay share, giving a $35.5bn implied equity value for Worldpay equal to a 14% premium to the March 15 closing price. FIS will also assume Worldpay’s debt, bringing the total enterprise value to around $43bn.

The buyer ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.