Worldpay and Vantiv agree 9.5bn takeover deal
The UK’s biggest payment processing company, Worldpay, have agreed to a proposed £9.3 billion takeover bid by the US company Vantiv. Shares have been offered at 397p, with a 1.3 billion debt making up the remainder of the deal’s valuation.
Worldpay representatives confirmed that the takeover will be beneficial for the company in terms of strategy and development, in the face of growing political concern for UK business from the weak post-Brexit pound..
August | 2017 <