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Global Payments' shares fall after $22.7 bln deal to buy Worldpay

ReutersApr 17, 2025 12:04 PM

American payments technology company Global Payments' shares GPN.N fall 4.2% to $80.59 premarket

GPN to buy payments processor Worldpay from private equity firm GTCR and Fidelity National Information Services FIS.N in $22.7 bln deal

Co to simultaneously sell its Issuer Solutions business to FIS for $13.5 bln

Separately, co expects Q1 adj EPS of $2.69 vs analysts' estimate of $2.72, according to data compiled by LSEG

Co reaffirms FY adjusted net revenue and adj EPS outlook

FIS shares up 0.9% premarket

As of last close, GPN stock had fallen 24.93% YTD

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