Summary
Global Payments Inc. (GPN) has filed an 8-K report to announce a significant development in its previously announced acquisition of Worldpay Holdco, LLC from Fidelity National Information Services, Inc. (FIS) and GTCR LLC, along with the divestiture of its Issuer Solutions business to FIS. The key update is the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting periods on July 18, 2025. This removal of a major regulatory hurdle is a positive step towards the completion of these complex transactions.
Key Highlights
- 1Expiration of Hart-Scott-Rodino (HSR) antitrust waiting periods on July 18, 2025.
- 2This expiration removes a key condition for the completion of the Worldpay acquisition and Issuer Solutions divestiture.
- 3The transactions involve acquiring Worldpay Holdco, LLC from FIS and GTCR LLC.
- 4Concurrently, GPN is divesting its Issuer Solutions business to FIS.
- 5Closing of the transactions is still subject to other required regulatory clearances and approvals.
- 6Customary closing conditions also remain to be satisfied.
- 7The filing was made on July 21, 2025, with the General Counsel and Corporate Secretary signing.
Frequently Asked Questions
The primary update is the expiration of the Hart-Scott-Rodino antitrust waiting periods, a significant step towards completing the acquisition of Worldpay and the divestiture of the Issuer Solutions business.
No, while a major hurdle has been cleared, the closing of the transactions remains contingent on receiving other required regulatory clearances and approvals, as well as satisfying other customary closing conditions.
Global Payments is acquiring Worldpay from Fidelity National Information Services, Inc. (FIS) and certain affiliates of GTCR LLC. The Issuer Solutions business is being divested to FIS.
The HSR waiting periods expired on July 18, 2025, at 11:59 p.m. Eastern Time.