WebFeb 13, 2024 · FIS said in the statement it planned to spin off Worldpay in the next 12 months into a separate company that will be owned by its shareholders on a tax-free basis, confirming a Reuters report ... WebKey facts. Former FIS Chief Operating Officer (COO) and Worldpay Chief Financial Officer (CFO) Stephanie Ferris rejoins FIS to continue the execution of the company’s strategy …
What We Can Learn From Merchant Services M&A Activity in 2024 …
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FIS Shares Plummet on Spinoff Plan, Outlook - Investopedia
WebFeb 13, 2024 · The fintech said it will pursue the tax-free spinoff in the next year, according to a statement Monday. The impairment charge resulted in a $17.4 billion loss … WebFeb 9, 2024 · Finally, before markets opened on February 13, 2024, Fidelity National announced it would spin off Worldpay, and in the process, the Company recognized a stunning $17.6 billion write-down on the asset. On this news, Fidelity National stock price fell more than 12% to close at $66.00 per share on February 13, 2024. WebFeb 13, 2024 · FIS. Following the proposed spin-off, FIS will remain a leading provider of financial technology solutions for financial institutions, capital markets firms, clients and … share dlc steam