CD&R and GTCR Propose $40 Billion Global Payments Buyout: Third-Largest LBO Ever
· techtimes.com · popularity 21/100 · 0 similar stories today · Wealth, Power & Society (Society, Rights & Work)
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Summary
Global Payments buyout: private equity firms CD&R and GTCR have proposed a $40 billion take-private that would rank as the third-largest leveraged buyout ever, testing whether leveraged-finance markets can absorb $22 billion in existing debt plus new acquisition financing on top of a contested Worldpay integration and 6 million at-risk merchant contracts.
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