Global Payments Inc. Enters Definitive Agreement to Sell Payroll Business to Acrisure for $1.1 Billion

Reuters

2025/05/28

Global Payments Inc. Enters Definitive Agreement to Sell Payroll Business to Acrisure for $1.1 Billion

Global Payments Inc., a leader in payment technology and software solutions, has announced a definitive agreement to divest its Payroll business to Acrisure for $1.1 billion. This strategic move is part of Global Payments' ongoing efforts to simplify its operations and focus on its core commerce solutions for merchants. The company plans to use the after-tax proceeds from this divestiture to return capital to shareholders, maintaining leverage neutrality. Additionally, Global Payments has entered into a mutual referral agreement and long-term commercial partnership with Acrisure to continue delivering integrated human capital management and payroll offerings to its customers. The transaction is set to close in the second half of 2025, pending regulatory approvals and customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Payments Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250528214715) on May 28, 2025, and is solely responsible for the information contained therein.

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Enters Definitive Agreement to Sell Payroll Business to Acrisure for $1.1 Billion\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-28 18:55</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Global Payments Inc. Enters Definitive Agreement to Sell Payroll Business to Acrisure for $1.1 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Global Payments Inc., a leader in payment technology and software solutions, has announced a definitive agreement to divest its Payroll business to Acrisure for $1.1 billion. This strategic move is part of Global Payments' ongoing efforts to simplify its operations and focus on its core commerce solutions for merchants. The company plans to use the after-tax proceeds from this divestiture to return capital to shareholders, maintaining leverage neutrality. Additionally, Global Payments has entered into a mutual referral agreement and long-term commercial partnership with Acrisure to continue delivering integrated human capital management and payroll offerings to its customers. 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ID: 20250528214715) on May 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0211331839.USD","symbol_name":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDL9N7DhH:1","article_id":"2538205654","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538205654","pubTimestamp":1748429718,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Global Payments Inc., a leader in payment technology and software solutions, has announced a definitive agreement to divest its Payroll business to Acrisure for $1.1 billion. 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Enters Definitive Agreement to Sell Payroll Business to Acrisure for $1.1 Billion\n    \n\n        Global Payments Inc., a leader in payment technology and software solutions, has announced a definitive agreement to divest its Payroll business to Acrisure for $1.1 billion. This strategic move is part of Global Payments' ongoing efforts to simplify its operations and focus on its core commerce solutions for merchants. The company plans to use the after-tax proceeds from this divestiture to return capital to shareholders, maintaining leverage neutrality. Additionally, Global Payments has entered into a mutual referral agreement and long-term commercial partnership with Acrisure to continue delivering integrated human capital management and payroll offerings to its customers. 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