Vantiv takes Worldpay global

Vantiv's takeover of Worldpay, the UK payments processor, makes strategic sense. But will shareholders benefit? Alice Gråhns reports.

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Vantiv CEO Charles Drucker: a lot needs to go right

"The global payments industry is growing and its champions must straddle the globe." That explains US market leader Vantiv Inc's $10.4bn takeover of Worldpay, its British counterpart, says Lionel Laurent on Bloomberg.com. A key prize for payments processors is the world e-commerce market, which will double to around $4trn between 2015 and 2020, according to McKinsey.

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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.