(Reuters) -Global Payments said on Wednesday it would sell its payroll division, Heartland Payroll Solutions, to financial technology firm Acrisure for $1.1 billion, marking the payments company's ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The divestiture is the latest step Global Payments has taken ...

While a multibillion-dollar acquisition involving a card technology seller and payment processor looks like an obvious bridge between two sides of the same industry, these arrangements often end or ...

The payment-technology world is getting a shakeup thanks to a newly announced deal between Fidelity National Information Services Inc. and Global Payments Inc. that will give both businesses more ...

Global Payments announced on Thursday that it is buying Worldpay for more than $24 billion. In a connected transaction, Global Payments is selling its Issuer Solutions business to Fidelity National ...

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 ...

Global to buy Worldpay from FIS and GTCR for cash and stock To sell issuer solutions unit to FIS for $13.5 billion Deals will focus Global on merchant payments, FIS on banks As part of the deal ...

Global Payments shares tumbled 17% on Thursday after the company said it is buying Worldpay for more than $24 billion while simultaneously selling its Issuer Solutions business to Fidelity National ...