On March 18, 2019, Worldpay, a leading payment processing company, announced its merger agreement with Fidelity National Information Services (FIS), a global provider of financial services technology. The merger, which is expected to close in the second half of 2019, will create one of the largest financial technology companies in the world.

The merger agreement between Worldpay and FIS is a significant move in the payments industry. The new company will be able to provide a wide range of financial technology solutions to businesses of all sizes. FIS has a strong presence in the banking industry, while Worldpay has a strong presence in the payment processing industry. The merger will allow the new company to offer a full suite of financial technology services, including payment processing, banking solutions, and risk management.

The two companies combined will have a market cap of over $80 billion and will generate more than $12 billion in annual revenue. The merger is expected to result in significant cost savings and operational synergies. The new company will be well-positioned to compete with other financial technology giants such as Square and PayPal.

The merger agreement between Worldpay and FIS is also significant for investors. Both companies have been performing well in recent years, with Worldpay’s stock price increasing by nearly 40% in the past year alone. The merger is expected to create value for shareholders of both companies.

It is important to note that the merger agreement is subject to regulatory approval. The companies will need to obtain approval from various regulatory bodies in different countries before the merger can be completed. However, both Worldpay and FIS are confident that the merger will receive regulatory approval.

In conclusion, the merger agreement between Worldpay and Fidelity National Information Services is a significant move in the financial technology industry. The new company will be able to provide a wide range of financial technology solutions to businesses of all sizes. The merger is expected to result in significant cost savings and operational synergies, and it is expected to create value for shareholders of both companies. The next few months will be critical as the companies work to obtain regulatory approval for the merger.