Shares surge in UK payment processing group after approaches from JP Morgan and Vantiv
Worldpay, the UK payment processing group chaired by City veteran Sir Michael Rake, is the subject of a takeover tussle less than two years after floating on the stock market.
Shares in the group jumped 23%, making it the biggest riser on the FTSE 100, after it revealed separate approaches from US payment handler Vantiv, and JPMorgan Chase bank. At this level, the group is valued at almost £8bn.
Continue reading...from Mergers and acquisitions | The Guardian http://ift.tt/2sBH1De
No comments:
Post a Comment