The upcoming merger between financial technologies provider Fidelity National Information Services Inc (FIS) and payment processor Worldpay Inc. will create a global powerhouse in the burgeoning fintech sector.
FIS has announced the acquisition of the British firm for more than $35 billion in a cash and stock deal. The FIS deal will value Worldpay at some $43 billion when debt is included.
The FIS, Worldpay merger will create a market leader with annual revenue of $12 billion and adjusted core earnings of $5 billion.

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