M&A
confidence high
sentiment positive
materiality 0.95
Fidelity National Information Services, Inc. (FIS): M&A transaction — FIS closes $13.5B acquisition of Global Payments' Issuer Solutions, sells Worldpay stake
Fidelity National Information Services, Inc.
- FIS acquired Global Payments' Issuer Solutions (TSYS) for $13.5B enterprise value; sold its 45% Worldpay stake.
- Net purchase price ~$12B including $1.5B tax assets; FIS paid ~$7.7B cash after offset.
- Deal expected to generate $500M incremental Adjusted Free Cash Flow in 2026, $700M by 2028.
- FIS now processes 40B+ annual transactions across 75+ countries; Banking TAM expands by $28B.
- FIS launched new AI offering leveraging combined data intelligence from the acquisition.