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Following the deal, the company will be called Worldpay and have a pro forma enterprise value of approximately $29b. The Vantiv and Worldpay CEOs will new serve as co-CEOs of the firm.
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“The growth of e-commerce and the way consumers expect to transact is increasing complexity for businesses around the world,” Worldpay Chief Executive Officer Philip Jansen said. The “combination of scale, innovation, technology and global presence will mean that we can offer more payment solutions to businesses, whether large or small, global or local.”
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