CD&R and GTCR Launch $40 Billion Buyout Bid for Global Payments

T2Covered by 1 source · first reported by PYMNTS at 30 Oct, 18:09 UTC

Private investment firm CD&R and private equity group GTCR have teamed up on a joint bid to buy out card processor Global Payments, the Financial Times reported Friday (Oct. 30), citing unnamed sources. GTCR is Global Payments’ largest shareholder, according to the report. The companies’ talks are…