BUZZ-Global Payments' shares fall after $22.7 bln deal to buy Worldpay

Reuters
04-17
BUZZ-Global Payments' shares fall after $22.7 bln deal to buy Worldpay

** American payments technology company Global Payments' shares GPN.N fall 4.2% to $80.59 premarket

** GPN to buy payments processor Worldpay from private equity firm GTCR and Fidelity National Information Services FIS.N in $22.7 bln deal

** Co to simultaneously sell its Issuer Solutions business to FIS for $13.5 bln

** Separately, co expects Q1 adj EPS of $2.69 vs analysts' estimate of $2.72, according to data compiled by LSEG

** Co reaffirms FY adjusted net revenue and adj EPS outlook

** FIS shares up 0.9% premarket

** As of last close, GPN stock had fallen 24.93% YTD

(Reporting by Megha Anilkumar Nair)

((MeghaAnilkumar.Nair@thomsonreuters.com;))

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