Over the weekend Danish card payment services company Nets A/S said it had been approached by potential buyers, which market observers say could involve established payment giants Mastercard or Visa.
Worldpay processes millions of payments daily in stores, online and on cellphones, predominantly across the United Kingdom and the U.S. As of Monday evening-before the approach was disclosed-it had a market value of GBP6.39 billion ($8.24 billion).
If it were finalized, a deal involving Vantiv would expand the Cincinnati-based company's geographic footprint.
Worldpay, which was valued at £4.8bn when it floated in 2015 after its split from RBS following the financial crisis in 2009, is a unique asset suggested Mediobanca. At noon the shares were up 25.4 per cent.
United Kingdom shares were slightly lower on Tuesday as oil and mining stocks succumbed to profit taking after sharp gains the previous day.
Analysts said that other companies might now be interested in making a bid.
Worldpay said: "The board notes the..."
They now have until August 1 to firm up their approach, according to takeover rules. Vantiv could not be reached for comment. No comment was released by JPMorgan, while Vantiv failed to respond to a request for a comment.
The payment processing industry has grown rapidly as consumers shun cash.
Worldpay's stock value rocketed during morning trading on the London Stock Exchange (LSE), valuing the company at more than £7 billion.
The payments firm, which was set up in 1994 by Nick Ogden, was sold to Royal Bank of Scotland in 2002 and later bought by private equity firms Advent International and Bain Capital, which invested around £700m in the deal.
The company was listed two years ago and is a constituent of the FTSE 100 index.
"There are a lot of companies still, and we are probably going to have only one or two big leaders in the payments space".
Meanwhile, South Africa have not lost a Test series since England last toured in 2015 and beat them on home soil. This match will be skipper Joe Root's first match in charge since replacing Alastair Cook at helm.
Three new models will all come with 64GB and 256GB storage options. "The 4.7" version may only have 2GB of DRAM, says Kuo. Meanwhile, the OLED iPhone 8 is expected to cause many smartphone manufacturers to follow suit in the future.
With GST implementation, all the states are slated to gain immensely as they shall now get equal opportunities of development. In making the GST , neither the Centre nor the states gave up their sovereignty, the finance minister added.
Modi will meet President Reuven Ruvi Rivlin and address the CEOs of the two countries as well as the Indian diaspora on Wednesday. The late afternoon sun beat down on the red carpet at a secluded corner of Ben Gurion Airport, as Air India One taxied up.
In April, Emirates said it was cutting flights to the U.S. because of reduced demand in the fallout from the ban. Currently, Etihad is the only airline that offers non-stop flights between the USA and Abu Dhabi.
Williams, now ranked 11th in the world, is scheduled to begin her quest for a sixth Wimbledon singles crown next week. The deceased, who was left with a fractured spine and numerous internal injuries after the incident, died on June 22.
"Damaging winds will be the primary severe weather threat, though isolated instances of large hail will also be possible". UPDATE (1:30 p.m.): The National Weather Service has issued a severe thunderstorm watch , now in effect until 9 p.m.
It has also coincided with the inauguration of new chief executive Carrie Lam , who is seen by detractors as a puppet to Beijing. She said the problems wouldn't be solved overnight but she pledged to bring a new style of governance to restore social harmony.