US Firms' London Teams Set To Cash In On $43BN Worldpay Acquisition
UK payments processor Worldpay will be taken over by rival FIS.
March 18, 2019 at 08:53 AM
2 minute read
Skadden, Arps, Slate, Meagher & Flom and Willkie Farr & Gallagher have picked up roles on the takeover of heavyweight payment processor Worldpay by Fidelity National Information Services (FIS), in a deal that will value the combined company at $43 billion.
Skadden's team is advising Worldpay with a team led out of the firm's New York office, headed up by corporate partners Peter Atkins and Sven Mickisch, co-head of financial institutions David Ingles, and compensation and benefits partner Joseph Penko. London M&A partner Scott Hopkins is also advising.
Florida-based FIS, a technology and outsourcing services provider for financial services, is being advised by Willkie. In the U.S., corporate partners Robert Rachofsky and Adam Turteltaub are leading for the firm, while in London asset management partner Henrietta de Salis, corporate tax partner Judith Harger and corporate partner Jennifer Tait also picked up roles.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
- 2BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 3The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 4The Growing Tension—And Opportunity—in Big Law Nonequity Tiers
- 5The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250