other material
confidence high
sentiment neutral
materiality 0.80
FIS completes Issuer Solutions acquisition (EV $13.5B) and Worldpay sale (EV $24.25B), pays $7.7B net
Fidelity National Information Services, Inc.
- Acquired Issuer Solutions from Global Payments for $13.5B enterprise value; sold Worldpay at $24.25B EV.
- Paid approximately $7.7B in cash as net consideration after offsetting Worldpay sale proceeds.
- Provides unaudited pro forma combined revenue, Adjusted Combined EBITDA, and margins for FY2024 and FY2025.
- Expects to reorganize segments: Issuer Solutions to be included in Banking Solutions; certain business lines moved.