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Global Payments Acquires Worldpay And Sells Its Issuer Business to FIS
Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share.
Global Payments Announces Agreements to Acquire Worldpay and Divest Issuer Solutions
Global Payments and Worldpay provide highly complementary payments, software and commerce enablement solutions to merchants and partners worldwide. On a combined basis, the company will have extensive global reach and scale,
According to Grand View Research’s report, the global digital payment market is anticipated to reach $96.07 billion in 2023, with a compound annual growth rate (CAGR) of 21.1% between 2024 and 2030.
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The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services ...
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