FIS · 10-Q · 2026Q3 · Full report
Acquisition / Partnership / Divestiture
Fidelity National Information Services, Inc. · 2026-11-04 · Importance 71 · Surprise 60 · From source text
On January 9, 2026, FIS acquired Global Payments’ Issuer Solutions Business, rebranded as FIS Total Issuing Solutions, for total consideration of $13.473 billion, including $7.695 billion cash and a $5.762 billion Worldpay interest. FIS funded the cash consideration with approximately $7.7 billion of borrowings and completed the sale of its remaining Worldpay interest for $5.8 billion net of transaction fees and other costs. FIS recorded a preliminary $2.2 billion pretax gain on the Worldpay sale in first-quarter 2026. The acquisition was intended to complement FIS’s processing capabilities and expand its payment products, and the acquired business is reported in Banking Solutions.
Key facts
- FIS used approximately $7,859 million of cash, net of cash acquired, for new acquisitions in the nine months ended September 30, 2026, compared with $574 million in the same 2025 period. source
- On January 9, 2026, FIS completed the acquisition of Global Payments’ Issuer Solutions Business and the sale of its remaining Worldpay equity interests. source
- FIS acquired the Issuer Solutions Business in exchange for its Worldpay minority interest and approximately $7.7 billion in cash. source
- FIS completed the 2026 Worldpay Minority Interest Sale on January 9, 2026, for a pre-tax amount of $5.8 billion, net of transaction fees and other costs. source
- FIS recorded a preliminary estimated $2.2 billion pre-tax gain on the Worldpay Minority Interest Sale; the estimate remains subject to post-closing purchase price adjustments and the final gain could differ materially. source
- FIS recorded an estimated $2.2 billion pre-tax gain from the Worldpay sale in the first quarter of 2026; post-closing adjustments could change the estimate materially. source
- FIS recognized approximately $5.6 billion of Issuer Solutions acquisition goodwill expected to be deductible for U.S. federal income tax purposes. source
- FIS recorded $6.984 billion of goodwill in the preliminary purchase-price allocation for the Issuer Solutions acquisition as of September 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -18.0% | FIS reported $7.859 billion of acquisitions, net of cash acquired, in investing cash flows for the nine months ended September 30, 2026. |
| cash | negative | realized | -16.7% | FIS used approximately $7,859 million of cash, net of cash acquired, for new acquisitions in the nine months ended September 30, 2026,… |
| assets | positive | realized | +16.0% | FIS recorded $6.984 billion of goodwill in the preliminary purchase-price allocation for the Issuer Solutions acquisition as of September… |
| cash | positive | realized | +13.3% | FIS completed the 2026 Worldpay Minority Interest Sale on January 9, 2026, for a pre-tax amount of $5.8 billion, net of transaction fees… |
| revenue | positive | realized | — | On January 9, 2026, FIS completed the acquisition of Global Payments’ Issuer Solutions Business and the sale of its remaining Worldpay… |
| net_income | positive | realized | — | FIS recorded a preliminary estimated $2.2 billion pre-tax gain on the Worldpay Minority Interest Sale; the estimate remains subject to… |
| liability | negative | contingent | — | Contingent consideration for FIS’s two additional 2026 business acquisitions may be paid periodically through the second quarter of 2033,… |