Finance1 min read

CD&R pursues buyout of $40 billion payments processor Global Payments, FT reports

By · Via Investing.com Markets · Published by Everything Blog

In short

The Financial Times reported that private equity firm CD&R is pursuing a takeover deal for Global Payments. The transaction targets an enterprise currently valued at roughly $40 billion in the payment processing industry. If finalized, the acquisition would transition the heavily capitalized processing company into private ownership.

Key points

  • Global Payments has emerged as a major acquisition target for private equity firm CD&R.: Global Payments has emerged as a major acquisition target for private equity firm CD&R.
  • The proposed buyout involves a massive financial footprint valued at around $40 billion.: The proposed buyout involves a massive financial footprint valued at around $40 billion.
  • Market reporting from the Financial Times revealed the early buyout pursuit for the proce…: Market reporting from the Financial Times revealed the early buyout pursuit for the processor.
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