secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL PAYMENTS INC (GPN)
CIK:        0001123360
Form:       8-K
Filed at:   2025-04-21T23:59:59+00:00
Accession:  0001104659-25-036553
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1123360/000110465925036553/0001104659-25-036553-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1123360/000110465925036553/tm2512754d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-036553

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