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US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition (Financial Times)

Photo of Grace Will Grace Will February 13, 2023
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US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition (Financial Times)
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Financial Times:

US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition  —  Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal  —  US-based financial technology group FIS …



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