Payment processing company Worldpay is getting bought by US firm FIS in $43 billion deal

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Worldpay surged more than 10% in premarket trading. Worldpay, once part of RBS, allows secure card payments online, card processing machines or by phone.

"Scale matters in our rapidly changing industry," says FIS CEO Gary Norcross.

Worldpay agreed to be bought by Florida firm Fidelity National Information Services, valuing the combined companies at about $43 billion.on Monday. Worldpay shares surged more than 10% in US premarket trading. The combination of stock and cash values the deal at about $43 billion including debt, the companies said. FIS shareholders will own about 53% and those of Worldpay will own about 47% of the merged firm.

 

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