Home/Filings/8-K/0001193125-26-009759
8-K//Current report

Fidelity National Information Services, Inc. 8-K

Accession 0001193125-26-009759

$FISCIK 0001136893operating

Filed

Jan 11, 7:00 PM ET

Accepted

Jan 12, 7:27 AM ET

Size

241.7 KB

Accession

0001193125-26-009759

Research Summary

AI-generated summary of this filing

Updated

FIS Completes Issuer Solutions Buy; Sells Worldpay

What Happened

  • On January 9, 2026, Fidelity National Information Services, Inc. (FIS) completed the transactions under agreements dated April 17, 2025: FIS acquired the Issuer Solutions business from Global Payments Inc. and, concurrently, sold all of its equity interests in Worldpay Holdco, LLC.
  • FIS exchanged its Worldpay interest plus approximately $7.7 billion in cash to acquire the Issuer Solutions Business. The cash amount represents the difference between the purchase prices and is subject to customary post‑closing adjustments.

Key Details

  • Closing date: January 9, 2026; transaction agreements signed April 17, 2025.
  • Cash paid by FIS (approx.): $7.7 billion (subject to post‑closing adjustments).
  • Valuations used: Worldpay enterprise value basis $24.25 billion; Issuer Solutions enterprise value basis $13.5 billion (each adjusted for cash, debt and working capital at closing).
  • Global Payments completed purchase of the remaining Worldpay equity concurrently under a related agreement; FIS no longer holds equity in Worldpay.
  • FIS issued a press release on January 12, 2026 announcing the closing (Exhibit 99.1 to the 8‑K).

Why It Matters

  • The deal materially changes FIS’s asset mix: it adds the Issuer Solutions business and removes FIS’s equity stake in Worldpay. That could shift the company’s revenue and business profile going forward.
  • The transaction involved a significant cash component (~$7.7B) and is subject to post‑closing adjustments, so final cash flow impact may change.
  • Investors should review FIS’s 8‑K and press release for further details and monitor subsequent disclosures (including any post‑closing purchase price adjustments and financial statements related to the acquired business).