This post was originally published on this site
Fidelity National Information Services Inc. said Thursday it has agreed to sell a majority stake in its Worldpay Merchant Solutions business to private-equity funds managed by GTCR in a deal that will net it $11.7 billion.
FIS FIS, the financial-tech company, or fintech, previously announced plans to spin off its merchant business, which largely consists of Worldpay, which it acquired in 2019 for $43 billion.
Since…
