FINANCIAL RESULTS / TRAFFIC RESULTS/ M&A

FIS sells majority stake in Worldpay at $18.5bn valuation

Fidelity National Information Services, a US financial technology group, has reached an agreement to sell a majority stake in its merchant payments division, Worldpay, to private equity firm GTCR. The deal values Worldpay at up to $18.5 billion, making it one of the largest corporate carve-outs in history. To finance…