FIS (FIS) 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 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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIS:
- FIS price target lowered to $85 from $88 at Keefe Bruyette
- CoreWeave initiated, Instacart downgraded: Wall Street’s top analyst calls
- UBS upgrades FIS to Buy after 20% year-to-date pullback
- FIS upgraded to Buy from Neutral at UBS
- SOFI, COIN, UPST, HOOD, AFRM: Mizuho Sees New Fintech Leaders after Fed Rate Cut