Fiserv and Amadeus IT Group are in competition to acquire Shift4 Payments, a payments processor with a market value of $6.5 billion, according to Reuters sources. Shift4 Payments, known for its payment processing services, could be valued between $130 to $138 a share in a potential takeover, with Benchmark's Mark Palmer seeing $135 a share as a likely price. Fiserv's CEO, Frank Bisignano, has not commented on the acquisition rumors but expressed interest in furthering the company's digital capabilities through more purchases. Meanwhile, Fiserv has not denied the acquisition rumors and had a shelf registration last week.
Fiserv hasn’t yet denied the $four acquisition rumor + shelf registration last week. https://t.co/sUIRj5OUGi
CEO Frank Bisignano declined to comment Wednesday on a potential acquisition of Shift4, but would like to see Fiserv make more purchases that further its digital capabilities. $FI x $FOUR https://t.co/ynWzv4dRXv https://t.co/8PeSDBnueh
$FOUR Shift4 Payments may be worth $130-$138 a share in takeover - analyst (update) Updates to add Benchmark's Mark Palmer sees a price of $135 a share as also likely/feasible. https://t.co/BGcoWxWcgV
Sources: Fiserv and Amadeus are the two main contenders to acquire Shift4 Payments, which provides payment processing services and has a market value of $6.5B (Reuters) https://t.co/nLONuKoPwd 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/XJZbeoVqxq
⚠️ EXCLUSIVE-FISERV, AMADEUS VIE TO ACQUIRE SHIFT4 PAYMENTS, SOURCES SAY (Reuters) Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments, a payments processor that has a market value of $6.5 billion, according to people familiar with the matter. Fiserv and… https://t.co/4cAXhtGA6r