Worldpay Share Discussion Threads

[kenwrong] 12/1/2023 08:58

An EIS fintech opportunity with Paysme - founder Derek Stewart off to the Middleeast shortly, good interview

[sarkasm] 18/3/2019 09:34

PROACTIVEINVESTORS



WorldPay to merge with FIS to create payments giant
08:59 18 Mar 2019


The Worldpay name will disappear through this latest deal, which will result in a company with sales of about US$12.3bn.




Worldpay processes over 40bn transactions annually

Worldpay Inc (LON:WPY) is to merge with US payments peer FIS just a year after completing a merger with Vantiv, another US-based payments group.


The Worldpay name will disappear through this latest deal, which will result in a company with sales of about US$12.3bn.

FIS expects to save US$400mln in lower costs through the merger, while organic revenue at the enlarged group will rise to 9% from 6%.

Gary Norcross, FIS boss, will remain chairman, president and CEO while Worldpay’s Charles Drucker will be executive vice chairman.

Terms of the deal are 0.9287 FIS shares and $11.00 in cash for each Worldpay share.

FIS shareholders will own 53% of the enlarged group and Worldpay shareholders 47%.

The deal puts an enterprise value of approximately US $43bn on Worldpay including debt, which FIS expects to refinance.

“Scale matters in our rapidly changing industry," said Norcross.

Worldpay has a secondary listing in the UK and shares rose 11% to £8,250.

[edjge2] 06/3/2018 10:26

Mastercard moving nicely, hopefully will pull WPY up further as market recovers.
WPY has bright prospects IMO.

[edjge2] 19/2/2018 13:49

Just me it seems but WPY moving up now and US market pulling it up. Card payments always made so cushion WPY from falls.
Gary Savage thinks hyperboom to come over there to kill long standing bull market
hxxps://blog.smartmoneytrackerpremium.com/
Not there quite yet but arriving soon.

[edjge2] 01/2/2018 13:20

got divi too. No WPY thread as yet should motor with bubble mode inprogress over ther after minor correction. W8 bens accepted so added some WPY as soon as. Strong co and nice chart

[edjge2] 26/1/2018 23:03

Just got my wpy cash dated 16th Jan!
KAZ, HOC or WPY with USA bubble in progress could see double/triple price with NASDAK going 40000 or so. Seec razy times on
hxxps://blog.smartmoneytrackerpremium.com/

POT stocks on my Yank account look good.

Thanks costax1654x had a look at FFI, Quite an overdone drop

[costax1654x] 25/1/2018 19:41

I think after FFI with Massive directors buys this one is one to watch as well!

[edjge2] 25/1/2018 17:15

Divi to come too I believe

[lomax99] 25/1/2018 08:01

Thanks edjge2, cash value showing but untradeable, called broker - funds available on 30 January.

[edjge2] 25/1/2018 07:39

Yes lomax99 my thoughts entirely. Rang my broker but old WPGs still opn account. As I was unable to respond to november options I got the default. But hope to add to my WPY once my W8ben form is sorted ad yank stocks are in hyperbolic mode. Broker unable to help on cash but should settle when WPG go off my account. At the moment showing but untradeable. I would have taken all Vantiv but then ....

[lomax99] 22/1/2018 08:44

Does anyone know when the cash element will be settled? thanks.

[eh9] 18/12/2017 11:25

Would seem best to take all vantiv shares rather than part cash since there is around 2% uplift to be had in shares

[marcco] 15/12/2017 19:08

Can someone explain what is happening here? It all seems very quiet.
Still holding!

[togglebrush] 11/8/2017 15:25

Recent Spike in Worldpay share price reflects recent Vanitiv share price increase.following confirmation, this week, of shares and cash deal. A nice bonus on top of the deal for those who hold until the end..

Time of Offer the
Vantiv share price 5th July 2017
VNTV $61.02 / -0.00%
to Todays:-
VNTV share price 11th August 2017
$69.46 / +0.23% (today) worth 13.8% more than at offer
'
Terms of the Deal are as of 9th August
each Worldpay 55 pence in cash for Share held
and 0.0672 of a New Vantiv Share

-- In addition to the consideration payable in connection with the Merger, Worldpay Shareholders will also be entitled to receive:
-- the interim dividend of 0.8 pence per Worldpay Share announced by Worldpay today, which will be paid to Worldpay Shareholders on the register of members of Worldpay at 6.00 p.m. on 29 September 2017; and
-- a special dividend of 4.2 pence per Worldpay Share, which is conditional on completion of the Merger and will be paid to Worldpay Shareholders on the register of members of Worldpay at the Scheme Record Time,

[slaccs] 11/8/2017 12:21

Togglebrush - It looks a bit lonely over here. I glanced over from the PAYS BB where I have had a holding for over 5 years and people are none to happy with the perceived miserly offer. What's the state of play with WPG? I saw the latest offer was GBP 3.97 but current trading is above that. What are your feelings?

[togglebrush] 08/8/2017 07:39

Further Extension of PUSU Deadline

Vantiv is required, by not later than 5.00pm on 11 August 2017 , either to announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline may be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

Announcement of Worldpay's half year results for the period ended 30 June 2017, and Vantiv's second quarter 2017 results, will now take place on Wednesday, 9 August 2017

[togglebrush] 01/8/2017 07:19

EXTENSTION TO DEADLINE to not later than 5.00pm on 8 August 2017, either to announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline may be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

[togglebrush] 31/7/2017 09:13

Press Comment :- NOT progressing smoothly so far ???
'

[togglebrush] 29/7/2017 16:22

Press comment 29th July
'

[togglebrush] 23/7/2017 17:14

Press
'

[togglebrush] 23/7/2017 10:25

Very quiet here and in the Press but the deadline looms:-
'
In accordance with Rule 2.6(a) of the UK Takeover Code, Vantiv is required to clarify its intentions by no later than 5.00pm on 1 August 2017 (or such later date as the Takeover Panel may consent to in accordance with the Code), by either announcing a firm intention to make an offer or that it does not intend to make an offer.

[togglebrush] 12/7/2017 10:26

Press
'

'
Heading
Don't let Worldpay be sold on the cheap, it must be saved for Britain

[togglebrush] 09/7/2017 06:30

More Press
'

'
Brief extract
'
Shareholders have expressed anger at the terms of Vantiv’s offer. The cash-and-paper bid was worth 385p a share, a premium of just 21pc. One investor branded the ¬premium Vantiv was offering “miserly”. “It’s highly unsatisfactory,” the investor said. “There is no other asset available like this on the stock market, and the ¬premium paid is ridiculous.”
'
Philip Jansen, chief executive of Worldpay, stands to make £30m from the deal.
'

[togglebrush] 07/7/2017 08:28

Press
'