Fidelity National Information Services said it agreed to acquire Global Payments' Issuer Solutions business for an enterprise value of $13.5 billion, with a net purchase price of $12.0 billion, and to sell all of its equity interests in Worldpay to Global Payments for a pre-tax value of $6.6 billion, with the remainder of the purchase price to be paid in cash.

1. 01

   Fidelity National Information Services said it agreed to acquire Global Payments' Issuer Solutions business for an enterprise value of $13.5 billion, with a net purchase price of $12.0 billion, and to sell all of its equity interests in Worldpay to Global Payments for a pre-tax value of $6.6 billion, with the remainder of the purchase price to be paid in cash.

2. 02

   The company said it intends to fund the cash portion of the purchase price with approximately $8.0 billion of new debt and on May 1, 2025 entered into a fully committed term loan facility pursuant to which it can draw up to an aggregate principal amount of $8 billion of senior secured term loans to fund the acquisition, with the transaction expected to close in the first half of 2026.

3. 03

   The company said its investor-level tax for the 3 and 6 months ended June 30, 2025 included $539 million of expense, and the carrying value of the Worldpay equity method investment was $3.9 billion as of June 30, 2025.

4. 04

   The company said available liquidity as of June 30, 2025 was $3.3 billion, debt balance was $12.9 billion, it executed share repurchases of $696 million in the first half of 2025, and presented an annual share repurchase plan of approximately $1.2 billion.

Key figures

Quarter ended June 30, 2025

Revenue

$2.6B

Operating income

$408M

Net income

−$470M

EPS

−$0.90

Gross profit

$952M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.