Global Payments Completes $24 Billion Worldpay Acquisition, Shares Plunge 6% in One Day

Global Payments Inc. (NYSE: GPN) closed down 6.63% at $67.21 on the New York Stock Exchange, erasing approximately $1.17 billion of market value (about ₩1.6 trillion) in a single day. Its current market capitalization stands at around $18.8 billion (₩25 trillion), with trading volume reaching 2.68 million shares.

On January 9, the company completed its acquisition of Worldpay and the sale of its issuer solutions business, repositioning itself as a pure-play merchant payments provider and executing a major portfolio realignment through a three-party transaction involving GTCR and FIS.

More recently, Global Payments agreed to divest its payroll services business for about $1.1 billion (roughly ₩1.5 trillion) and announced the departures of its CFO and CEO, marking a series of strategic and leadership reshuffles.

Headquartered in Georgia, USA, Global Payments is an electronic payments and commerce-solutions firm that provides card and online payment infrastructure to millions of merchants worldwide. Through the Worldpay acquisition and non-core asset sales, the company is accelerating its evolution into a pure payments platform focused on high-growth merchant payments and integrated software.