Why Fidelity National Information Shares Are Gaining Today

Private equity groups are considering purchasing a majority stake in Worldpay from Fidelity National Information Services Inc (NYSE: FIS) at a valuation exceeding $15 billion.

Advent, a U.S. buyout firm that once owned Worldpay, is reportedly studying a bid. Another potential bidder could be Chicago-based private equity group GTCR.

If FIS accepts an offer, it would deviate from its plan announced in February to spin off Worldpay …

Full story available on Benzinga.com

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