FIS (NYSE: FIS) closes Worldpay divestiture and Issuer Solutions acquisition
Rhea-AI Filing Summary
Fidelity National Information Services (FIS) has completed a major strategic transaction reshaping its business mix. On January 9, 2026, FIS closed its previously announced acquisition of the Issuer Solutions business from Global Payments.
Under the transaction agreements, FIS acquired the Issuer Solutions Business in exchange for its equity interest in Worldpay Holdco, LLC and approximately $7.7 billion in cash, with the cash amount subject to customary post-closing adjustments. The purchase price paid by Global Payments for Worldpay was based on a $24.25 billion enterprise valuation for Worldpay, while the purchase price paid by FIS for the Issuer Solutions Business was based on a $13.5 billion enterprise valuation.
Concurrently, Global Payments completed the acquisition of 100% of the Worldpay equity interests it did not already own. FIS plans to file required financial statements and pro forma financial information for the acquired Issuer Solutions Business by amendment within 71 days of the required filing date.
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Insights
FIS trades its Worldpay stake plus cash for a large issuer-processing platform.
FIS has closed a complex asset swap with Global Payments, exchanging its equity interest in Worldpay and approximately
This moves FIS away from ownership of Worldpay toward direct control of an issuer-focused processing franchise. The filing does not provide revenue, margin, or integration details for Issuer Solutions, so the economic trade-off between giving up Worldpay and gaining this business is not quantified here.
Financial statements of the acquired business and related pro forma information are expected to be filed within 71 days of the required filing date. Those disclosures will clarify the size, profitability, and balance-sheet effects of consolidating the Issuer Solutions Business and divesting the Worldpay stake.