GTCR enters FIS merchant business deal
Reuters reported on Monday that GTCR LLC was close to buying a majority stake in Fidelity National Information Services' merchant business, valuing it between $15 billion and $20 billion. This would be the largest acquisition in GTCR's history and would allow FIS to undo its $43 billion purchase of WorldPay, which it finalized four years ago. Today, the deal was confirmed, verifying Reuters' reporting.0
