Fidelity National Information Services to combine with Worldpay in a $43bn deal to create the global leader in payment solutions.

FIS, a global leader in financial services technology, acquired Worldpay, a global leader in eCommerce and payments, for $35bn ($43bn incl. debt). Under the terms of the agreement, Worldpay shareholders will be entitled to receive 0.9287 FIS shares and $11.00 in cash for each share of Worldpay. Upon closing, FIS shareholders will own approximately 53% and Worldpay shareholders will own approximately 47% of the combined company. The combination of stock and cash values Worldpay at an enterprise value of approximately $43bn, including the assumption of Worldpay debt, which FIS expects to refinance. This combination greatly expands FIS’ capabilities by enhancing its acquiring and payment offerings and significantly increases Worldpay’s distribution footprint, accelerating its entry into new geographies. Upon closing, the combined company will be positioned to offer best-in-class enterprise banking, payments, capital markets, and global eCommerce capabilities empowering financial institutions and businesses worldwide.