Worldpay to merge with US credit card giant Vantiv in £9.1bn deal
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UK payment processing firm Worldpay is set to merge with US rival Vantiv in a deal which would value the company at £9.1bn including debt.
According to the Financial Times, Worldpay has reached a preliminary agreement which values its shares at 385p each, including the payment of a 5p dividend.
As a result of the deal, the company will be run by two CEOs and will be co-headquartered between London and Ohio in the US.