Fried Frank acted as counsel to Goldman Sachs as financial advisor to FIS in its approximately US$43 billion merger with Worldpay. FIS is a global provider of financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Worldpay is a payments technology company that offers a comprehensive suite of products and services, delivered globally through a single provider. The transaction is expected to close in the second half of 2019.
The Fried Frank team was led by corporate partner Philip Richter and included corporate associates Roy Tannenbaum and Asiya M. Ubaid.