---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-035771"
form_type: "8-K"
ticker: "GPN"
cik: "0001123360"
company_name: "GLOBAL PAYMENTS INC"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T11:30:35.074672+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Global Payments to acquire Worldpay for $24.25B, divest Issuer Solutions to FIS for $13.5B

## Summary
- Q1 2025 preliminary adj. net revenue $2,205M, adj. EPS $2.69; reaffirms FY2025 outlook.
- Worldpay acquisition valued at $24.25B (8.5x adj. EBITDA net); net purchase price $22.7B.
- Issuer Solutions divestiture to FIS at $13.5B (12.3x adj. EBITDA); expected close H1 2026.
- Pro forma: ~$12.5B adj. net revenue, ~$6.5B adj. EBITDA; $600M cost, $200M revenue synergies.
- GTCR gets ~15% stake at $97/share; leverage ~3.5x at close, investment grade retained.

## SEC filing metadata
- accession: 0001104659-25-035771
- form_type: 8-K
- ticker: GPN
- cik: 0001123360
- company_name: GLOBAL PAYMENTS INC
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1123360/000110465925035771/0001104659-25-035771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1123360/000110465925035771/tm2512552d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-035771
- JSON: https://secwatch.observer/filing/0001104659-25-035771.json
- Plain text: https://secwatch.observer/filing/0001104659-25-035771.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.