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.
2025-09-18 08:03:32 Thursday ET

Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2018-12-01 11:37:00 Saturday ET

As the solo author of the books Millionaire Next Door and Richer Than Millionaire, William Danko shares 3 top secrets for *better wealth creation*. True pro
2022-10-25 11:31:00 Tuesday ET

Corporate investment insights from mergers and acquisitions Relative market misvaluation between the bidder and target firms drives most waves of mergers
2022-11-25 09:29:00 Friday ET

Uniform field theory of corporate finance While the agency and precautionary-motive stories are complementary, these stories can be nested as special cas
2018-11-03 11:36:00 Saturday ET

Apple adds fresh features to its new iPad Pro and MacBook Air in addition to its prior suite of iPhone XS, iPhone XS Max, and iPhone XR back in September 20
2019-10-29 13:36:00 Tuesday ET

The OECD projects global growth to decline from 3.2% to 2.9% in the current fiscal year 2019-2020. This global economic growth projection represents the slo