Global Payments Builds Salesforce
3 Articles
3 Articles
Baker McKenzie Advises Global Payments on Regulatory Aspects of its Acquisition of Worldpay
Global law firm Baker McKenzie served as regulatory counsel to Global Payments Inc. in its acquisition of Worldpay from Fidelity National Information Services (FIS) and private equity firm GTCR, and the divestiture of its Issuer Solutions business to FIS. The transaction positions Global Payments as a leading pure play commerce solutions provider. The acquisition significantly expands Global Payments’ global scale and technology capabilities. Fo…
Global Payments Looks Forward to a Post-Issuing Era
Having divested its card-issuing unit and acquired the massive Worldpay processing platform, Global Payments’ top executives early Wednesday said the company is ready to build its already sizable business with a new “pure-play focus” in the highly competitive acquiring sector, as chief executive Cameron Bready put it. The two big transactions, both of which closed Jan. 12, saw Global Payments pay FIS Inc. $24.25 billion for Worldpay while sellin…
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