U.S. fintech group Fidelity National Information Services Inc has agreed to buy payment processor Worldpay for about $35-billion, in the biggest deal to date in the booming payments industry.
U.S.-based Fiserv Inc bought payment processor First Data Corp in January for $22-billion. In Europe, startups such as Italy’s Nexi plan to list, capitalizing on booming interest in the industry fueled by surging online sales.The FIS offer for Worldpay, which was bought by U.S. credit card processing company Vantiv in 2017 for $10.63-billion, values Worldpay at about $43-billion, when debt is included, the companies said on Monday.
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