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Shares in the firm now up 70% since its 2015 IPO
Thursday 06 Jul 2017 Author: David Stevenson

FTSE 100 payment processor Worldpay (WPG) has received a takeover bid from US rival Vantiv.

The offer is structured as a mix of cash and shares worth approximately 368p per Worldpay share at the time of writing.

Worldpay used to be owned by Royal Bank of Scotland (RBS) before it was acquired by private equity.

The company floated in London in 2015 at 240p per share. (DS)

 

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