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Caribbean Global Market Update

Worldpay in 8 B Deal with Vantiv, Munich Re Net Plunges

Author: Sarla Buch
Islandjournal.net
Last Update: 10:10 AM ET August 09 2017


Worldpay Group Plc edged up 0.1% to 383.80 pence after the U.K.-based payment products and services provider agreed to be acquired by the U.S.-based rival Vantiv Inc for 3.97 per share or about 8 billion or $10.4 billion in cash, stock and dividends.

Under the terms, shareholders of Worldpay will receive 55 pence in cash per share and 0.0672 of new share of Vantiv.


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