Global law firm Baker McKenzie served as regulatory counsel to Global Payments Inc. in its acquisition of Worldpay from Fidelity National Information Services (FIS) and private equity firm GTCR, and the divestiture of its Issuer Solutions business to FIS. The transaction positions Global Payments as a leading pure play commerce solutions provider.
The acquisition significantly expands Global Payments’ global scale and technology capabilities. Following close, the combined company now serves more than 6 million merchant locations, processing approximately 94 billion transactions and USD 3.7 trillion in annual payment volume across more than 175 countries.
Baker McKenzie advised Global Payments Inc. on regulatory aspects of the transaction. The Baker McKenzie team was led by Fintech & Payments partners Todd Beauchamp and Charles Weinstein.
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