Finance1 min read

Global Payments jumps 12% on report of potential $40 billion buyout

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

In short

Market participants reacted strongly to circulating reports detailing a potential $40 billion takeover of the payments firm. The reported transaction valuation triggered an immediate buying wave during trading hours. Consequently, shares of Global Payments rose 12% following the emergence of the buyout report.

Key points

  • Shares of Global Payments advanced by 12 percent following the acquisition report.: Shares of Global Payments advanced by 12 percent following the acquisition report.
  • Market reports indicated a potential buyout transaction carrying a valuation of $40 billi…: Market reports indicated a potential buyout transaction carrying a valuation of $40 billion.
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