HALISTER: Worldpay Rises 25% After Approaches From Vantiv, JPMorgan (1)

Worldpay Rises 25% After Approaches From Vantiv, JPMorgan (1)

(Bloomberg) -- Worldpay confirms preliminary approaches from Vantiv and JPMorgan Chase Bank regarding a potential acquisition of the entire company; rises most in two years.
  • No certainty that an offer will be made 
  • Takeover deadline Aug. 1
  • Shares rise 25%, most since 2015 IPO
    • Wirecard, Worldline also rise
  • Earlier: Worldpay Said to Have Been Approached, Appointed Advisers: WSW 
  • July 3: Payments Company Nets Surges After Confirming Takeover Approach
To contact the reporters on this story: Adveith Nair in London at anair29@bloomberg.net; Lukas Strobl in London at lstrobl@bloomberg.net To contact the editors responsible for this story: Gelu Sulugiuc at gsulugiuc@bloomberg.net Gaurav Panchal

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
JPM US (JPMorgan Chase & Co)
VNTV US (Vantiv Inc)
WPG LN (Worldpay Group PLC)
WDI GR (Wirecard AG)
WLN FP (Worldline SA/France)

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