Global Payments $21.5 billion acquisition of TSYS

Overview:

• Payment technology company Global Payments has acquired competitor TSYS in a $21.5 billion deal. 
• The acquisition is one of several high-profile deals in the payments technology sector this year, including FIS' acquisition of Worldpay. 
• BofA Merrill Lynch and JP Morgan Securities acted as financial advisers for Global Payments and Goldman Sachs and Greenhill & Co advised TSYS. 
• The transaction is expected to close in the fourth quarter of 2019. 

Kurt Stumpo - US Editor