LONDON: Vantiv Inc, the US payment processing company, agreed to buy Worldpay Group Plc for £7.7bil (US$9.9bil), two years after the UK financial technology firm went public.
The cash-and-share offer equates to £3.85 a share, including a 5 pence per share dividend, the companies said in a statement yesterday. JPMorgan Chase & Co said it won’t make a bid after being invited to consider an offer.
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