2019-04-03 11:35:00 Wed ET
stock market competition macrofinance stock return s&p 500 financial crisis financial deregulation bank oligarchy systemic risk asset market stabilization asset price fluctuations regulation capital financial stability dodd-frank
A Florida fintech group Fidelity Information Services initiates the largest $43 billion acquisition of the e-commerce payments processor Worldpay. Fidelity Information Services (FIS) provides computational systems for processing payments to a rich network of 14,000 banks. Upon deal closure, FIS shareholders own approximately 53% of the joint company, whereas, Worldpay shareholders retain 47% minority equity stakes. FIS executive management plans to pay the enterprise value of $43 billion with both stock and cash finance. FIS also expects to refinance residual debt after this strategic milestone.
As of April 2019, this acquisition is the largest deal in the fintech payments industry. The mega merger helps accelerate the current race to the top of global payments powerhouses. FIS and Worldpay can hence collaborate to offer a customer-centric combination of global scale with the bellwether broad range of both international fintech solutions and network effects for e-commerce payments.
Conservative estimates suggest an organic revenue growth rate of 6%-9% in the next 3 years. Net profit synergies amount to about $700 million over the same time horizon. Further, the global payments market is likely to double in size to $2 trillion from 2017 to 2027. These favorable forecasts suggest a bright outlook for FIS and Worldpay.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-06-14 10:35:00 Thursday ET

The Federal Reserve's current interest rate hike may lead to the next economic recession as credit supply growth ebbs and flows through the business cyc
2018-03-09 08:33:00 Friday ET

David Solomon succeeds Lloyd Blankfein as the new CEO of Goldman Sachs. Unlike his predecessors Lloyd Blankfein and Gary Cohn, Solomon has been an investmen
2019-04-27 16:41:00 Saturday ET

Tony Robbins suggests that one has to be able to make money during sleep hours in order to reach financial freedom. Most of our jobs and life experiences tr
2018-11-27 10:37:00 Tuesday ET

Warren Buffett offloads a few stocks from the Berkshire Hathaway portfolio in mid-November 2018. The latest S.E.C. report shows that the Oracle of Omaha sol
2023-01-09 10:31:00 Monday ET

Response to USPTO fintech patent protection As of early-January 2023, the U.S. Patent and Trademark Office (USPTO) has approved our U.S. utility patent
2020-09-11 10:22:00 Friday ET

AYA fintech network platform provides proprietary alpha stock signals and personal finance tools. In recent times, we have completed our fresh website up