Belgium stocks higher at close of trade; BEL 20 up 0.24%

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• Exclusive-CD&R, GTCR drop pursuit of Global Payments, sources say

  The buyout firms halted early-stage discussions because of the sheer complexity required to structure a deal for the $26.4 billion Atlanta-based processor. The collapse highlights how elevated borrowing costs and cautious lenders continue to hinder massive take-private transactions across the financial technology sector. Despite walking away, sources indicated the private equity suitors could revisit talks later or a competing bidder might emerge.

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• Global Payments falls 9% as CD&R, GTCR abandon takeover talks

  Private equity firms Clayton, Dubilier & Rice and GTCR have officially ceased their acquisition negotiations with the payment technology company. The abrupt halt to the potential deal leaves the target firm to navigate current market conditions independently, triggering an immediate and sharp retreat in its share price. Investors rapidly recalibrated the company's valuation as prospects for a near-term buyout premium evaporated.

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• U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.40%

  United Kingdom stocks ended the trading session higher, reflecting positive market momentum at the close of trade. The Investing.com United Kingdom 100 advanced, posting a gain of 0.40%.

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