Deals
Worldpay Jumps 10 Percent After Biggest U.K. IPO This Year
- Payment processor IPO comes after owners refused buyout offers
- Company will get 948 million pounds from the share sale
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Worldpay Group Plc, the U.K. payment processor, gained 10 percent on its debut after raising 2.16 billion pounds ($3.3 billion) in the largest London listing this year.
Worldpay priced shares at 240 pence and will receive about 948 million pounds from the sale, the London-based company said in a statement Tuesday. The stock rose 25 pence to 265 pence in London trading.