Worldpay, M&A in focus as European shares consolidate; Italy banks up

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Vantiv (VNTV) PT Lowered to $63 at Stifel; 'Merger with WPG Still Dilutive But Strategic Rationale Serves As Key Offset'

July 6, 2017 6:24 AM EDT

Stifel lowered its price target on Vantiv (NYSE: VNTV) to $63.00 (from $64.00) while maintaining a Hold rating, following the announcement of their intention with WPG shareholders receiving 385p/share, implying a total purchase price of $11.5B including debt, or 15.6x 2018E EBITDA, well... More

Vantiv (VNTV) PT Lowered to $64 at Stifel Following Potential WorldPay Deal; 'The Numbers Simply Don't Work'

July 6, 2017 6:00 AM EDT

Stifel lowered its price target on Vantiv (NYSE: VNTV) to $64.00 (from $66.00) while maintaining a Hold rating, following news WorldPay's board confirmed the company has received separate approaches from VNTV and JPMorgan Chase (NYSE: JPM) in regards to a potential... More

JPMorgan (JPM) doesn't plan to make an offer for WorldPay - Bloomberg

July 5, 2017 8:18 AM EDT

JPMorgan (NYSE: JPM) doesn't plan to make an offer for WorldPay - Bloomberg

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Vantiv (VNTV) to Acquire Worldpay for GBP3.85/share in Cash and Stock

July 5, 2017 7:42 AM EDT

(Updated - July 5, 2017 7:50 AM EDT)

Vantiv (NYSE: VNTV) has agreed to acquire Worldpay for GBP3.85/share in cash and stock.

Following the Possible Offer Announcement dated 4 July 2017 ("Possible Offer Announcement"), the boards of directors (the "Boards") of Worldpay Group plc ("Worldpay") and Vantiv, Inc. ("Vantiv") are pleased to announce that they have reached an agreement in principle on the key terms of a potential merger of Worldpay and Vantiv (the "Potential Merger" to form the "Combined Group").

· Under the terms of the Potential Merger, the ordinary shareholders of Worldpay (the "Worldpay... More

Vantiv (VNTV) Halted Amid Worldpay Group Takeover Approach

July 5, 2017 7:25 AM EDT

Vantiv (NYSE: VNTV) is now halted for trading following news it and JPMorgan (NYSE: JPM) approached Worldpay Group for a takeover.

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