Summary
Fidelity National Information Services, Inc. (FIS) announced on March 18, 2019, a definitive merger agreement to acquire Worldpay, Inc. This significant transaction aims to combine two major players in the financial technology sector, creating a larger entity with expanded capabilities in payment processing and financial services. Investors should note that this announcement is primarily a press release detailing the agreement, and further regulatory filings, including an S-4 registration statement with a joint proxy statement/prospectus, will provide more comprehensive details on the transaction structure, financial terms, and strategic rationale. The company has also included extensive forward-looking statements outlining potential risks and uncertainties associated with the merger. These include the possibility that the transaction may not be completed as planned, integration challenges, potential customer or employee disruption, unforeseen liabilities, and broader market and economic risks. Investors are advised to carefully review these disclosures and upcoming filings for a thorough understanding of the potential impacts on FIS.
Key Highlights
- 1FIS and Worldpay have entered into a definitive merger agreement.
- 2The transaction is a business combination between FIS and Worldpay.
- 3A joint press release was issued on March 18, 2019, announcing the agreement.
- 4FIS will file an S-4 registration statement and a joint proxy statement/prospectus with the SEC.
- 5Extensive forward-looking statements are included, detailing various risks and uncertainties associated with the merger.
- 6Investors are urged to read the upcoming SEC filings, including the S-4 and joint proxy statement/prospectus, for important information.
- 7Information regarding participant solicitations for proxy voting will be detailed in the joint proxy statement/prospectus.