Once finalized, the merger could create a global payments powerhouse handling about $4t in annual transaction volume. The move is seen as a strategic effort to strengthen Global Payments’ position amid growing competition from emerging fintech players and next-generation payment providers.
The CMA had begun its preliminary review in September, following the April announcement of the transaction. The approval moves the merger one step closer to completion and removes a potential obstacle for what could become one of the world’s largest payment processing combinations.
https://www.pymnts.com/cpi-posts/scotus-rejects-zillow-antitrust-appeal-in-real-estate-tech-dispute/
