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FIS, run by CEO Stephanie Ferris, is one of the world’s biggest financial services companies with a $38 billion market capitalization.
Global Payments is acquiring Worldpay for $24 billion and selling its Issuer Solutions business to FIS for $13.5 billion.
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Zacks Investment Research on MSNFIS vs. PAYO: Which Stock Is the Better Value Option?Investors interested in Financial Transaction Services stocks are likely familiar with Fidelity National Information Services (FIS) and Payoneer Global Inc. (PAYO). But which of these two stocks is ...
Shares of Global Payments tumbled 17% Thursday after the fintech firm announced the acquisition of payment processing company ...
FIS (FIS) on Thursday morning entered into a definitive agreement to acquire 100% of Global Payments’ (GPN) Issuer Solutions business for an ...
Global Payments (NYSE: GPN) announced the acquisition of Worldpay from GTCR and FIS (NYSE: FIS) for $24.25 billion, as well as the divestiture of its Issuer ...
The company said that in acquiring Worldpay, which FIS had purchased in 2019 before later selling a majority stake, it is expanding its reach and will be able to serve more than six million ...
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