Wednesday, 9 August 2017

Worldpay seals 9bn merger with US rival Vantiv

It comes after the firms announced an initial agreement last month. Vantiv shareholders will own a majority 57% of the combined group, while Worldpay investors hold the other 43%. "The combination of scale and presence the merger will bring is an exciting step in the creation of a truly global leader in payments," said Worldpay. Worldpay processes millions of payments a day in stores, online and on mobile phones.

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