Tag: Worldpay separation

  • FIS readies finances for Worldpay separation

    FIS readies finances for Worldpay separation

    ‍ Financial technology corporation, ⁢Fidelity National Information Services (FIS), is making financial arrangements in preparation for the separation ‍from its⁤ subsidiary, Worldpay. The company’s board has announced a‍ plan to distribute about 19.9% of Worldpay’s outstanding common stock as a pro-rata dividend to FIS shareholders. Following regulatory and shareholder approvals, FIS is expected ‍to execute…