---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-036553"
form_type: "8-K"
ticker: "GPN"
cik: "0001123360"
company_name: "GLOBAL PAYMENTS INC"
filed_at: "2025-04-21T23:59:59+00:00"
generated_at: "2026-05-23T09:59:03.964759+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Global Payments to divest Issuer Solutions to FIS and acquire Worldpay in $24.25B deal

## Summary
- Global Payments sells Issuer Solutions to FIS for $13.5B enterprise value and buys Worldpay for $24.25B enterprise value.
- Consideration includes $4.197B in new GPN shares (43.3M shares at $97.00), giving GTCR ~15% stake post-closing.
- GTCR shares subject to lock-up: 35% released at 12 months, 15% at 15 months, remainder at 18 months.
- Bridge loan facility of $7.7B committed; closing expected first half 2026.
- Deal subject to regulatory approvals including HSR, EU, UK CMA, and other customary conditions.

## SEC filing metadata
- accession: 0001104659-25-036553
- form_type: 8-K
- ticker: GPN
- cik: 0001123360
- company_name: GLOBAL PAYMENTS INC
- filed_at: 2025-04-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1123360/000110465925036553/0001104659-25-036553-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1123360/000110465925036553/tm2512754d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-036553
- JSON: https://secwatch.observer/filing/0001104659-25-036553.json
- Plain text: https://secwatch.observer/filing/0001104659-25-036553.txt

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