1. FIS announced a regulatory update on its acquisition of Global Payment's unit. 2. FIS will refile the UK Merger Notice with the CMA. 3. No impact on transaction closing timeline expected in H1 2026. 4. Proactive information sharing indicates commitment to compliance. 5. Acquisition enhances FIS's position in financial services technology.
The acquisition aligns with FIS's growth strategy similar to past successful mergers like Worldpay.
The acquisition could bolster FIS's market presence significantly, thus affecting investor sentiment.
The closing timeline of 2026 indicates gradual positive impact as the integration unfolds.
FIS® (NYSE:FIS), a global leader in financial services technology, announced a regulatory update on its planned acquisition of Global Payment's Issuer Solutions business. In the normal course of the UK Competition and Market Authority's (CMA) review of the transaction, the company proactively identified additional information that it will be providing to the CMA, resulting in a need to refile the UK Merger Notice.
The company does not expect this to impact the previously announced projected transaction closing timeline of the first half of 2026.
FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on LinkedIn, Facebook and X.
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For More Information
Kim Snider
Senior Vice President
FIS Global Marketing and Corporate Communications
904.438.6278
kim.snider@fisglobal.com
George Mihalos
Senior Vice President
Head of Investor Relations
904.438.6119
georgios.mihalos@fisglobal.com