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The UK Competition and Markets Authority Launches a Phase 1 Investigation into Global Payments Inc. (GPN)’s Proposed Acquisition of Worldpay
Yahoo Finance· 2025-10-02 00:38
Core Insights - Global Payments Inc. (NYSE:GPN) is recognized for its significant upside potential and is listed among the 20 NYSE stocks with the lowest P/E ratios [1][5] Regulatory Developments - The UK Competition and Markets Authority initiated a Phase 1 investigation into Global Payments Inc.'s proposed acquisition of Worldpay on September 17, 2025, leading Keefe, Bruyette & Woods to maintain a Market Perform rating and a price target of $87.00 for the company [2] - KBW indicated that the likelihood of the deal passing regulatory review remains high, characterizing the investigation as a standard procedure in the approval process [3] Product Launch and Market Presence - On September 10, 2025, Global Payments Inc. announced the launch of its Genius enterprise platform in the United States, designed for foodservice operators, stadiums, and restaurants [3] - The Genius platform integrates various functionalities, including digital signage, payments, kitchen management, and point-of-sale systems, and currently supports around 160 major sports venues and over 51,000 restaurants globally [4] Business Operations - Global Payments Inc. offers software and payment technology solutions for digital, card, and check transactions through its Issuer Solutions and Merchant Solutions divisions across the Americas, Europe, and Asia-Pacific [5]