Vantiv, Worldpay granted deadline extension to seal $10B deal
August 02, 2017
Financial Software | London, UK | Corporate Acquisition
Vantiv has been granted a further week to formalise or withdraw its $10 billion bid for payments processor Worldpay. The two companies have not been able to agree on the combined entity's headquarters location, per reports, with Vantiv now having until 8 August to submit a firm offer. The deal was announced last month, with the US payments business beating a rival approach from JP Morgan.