{"id":59933,"date":"2017-07-06T01:30:09","date_gmt":"2017-07-05T18:30:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/worldpay-shareholders-should-decline-its-meek-merger-deal\/"},"modified":"2017-07-06T01:39:17","modified_gmt":"2017-07-05T18:39:17","slug":"worldpay-shareholders-should-decline-its-meek-merger-deal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worldpay-shareholders-should-decline-its-meek-merger-deal\/","title":{"rendered":"Worldpay shareholders should decline its meek merger deal"},"content":{"rendered":"


\nCard processing firm\u2019s proposed merger with US rival Vantiv is not the knock-out offer this healthy business deservesSir Mike Rake, the chairman of Worldpay, should go back to the drawing board. His first attempt to sell the FTSE 100 card processing company deserves to be declined by his own shareholders.On Tuesday, when Worldpay revealed it had received takeover approaches, City analysts speculated the bidding could go as high as 500p a share. This, after all, is supposed to be a rock solid business with a commanding 40% share of the UK market and positions in 140 other countries. But Rake and his board have agreed terms with Vantiv, the US market leader, at just 385p a share, or \u00a37.67bn. Given that Worldpay\u2019s shares traded at 320p on Monday, the takeover premium is miserable. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Worldpay shareholders should decline its meek merger deal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Card processing firm\u2019s proposed merger with US rival Vantiv is not the knock-out offer this...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-59933","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fAF","jetpack-related-posts":[{"id":59889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worldpay-unveils-9-1bn-merger-with-us-rival-vantiv\/","url_meta":{"origin":59933,"position":0},"title":"Worldpay unveils \u00a39.1bn merger with US rival Vantiv","date":"July 5, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Worldpay unveils \u00a39.1bn merger with US rival Vantiv","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61546,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worldpay-resists-calls-for-dual-listing-after-vantiv-merger\/","url_meta":{"origin":59933,"position":1},"title":"Worldpay resists calls for dual listing after Vantiv merger","date":"July 23, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Worldpay resists calls for dual listing after Vantiv merger","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59763,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worldpay-shares-soar-22pc-as-jp-morgan-and-vantiv-eye-takeover-bid\/","url_meta":{"origin":59933,"position":2},"title":"Worldpay shares soar 22pc as JP Morgan and Vantiv eye takeover bid","date":"July 4, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Worldpay shares soar 22pc as JP Morgan and Vantiv eye takeover bid","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63214,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worldpay-agrees-9-3bn-tie-up-with-vantiv\/","url_meta":{"origin":59933,"position":3},"title":"Worldpay agrees \u00a39.3bn tie-up with Vantiv","date":"August 9, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Worldpay agrees \u00a39.3bn tie-up with Vantiv","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/activist-amasses-stake-in-bid-target-worldpay\/","url_meta":{"origin":59933,"position":4},"title":"Activist amasses stake in bid target Worldpay","date":"July 9, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Activist amasses stake in bid target Worldpay","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worldpay-promises-jobs-boost-as-profits-soar\/","url_meta":{"origin":59933,"position":5},"title":"Worldpay promises jobs boost as profits soar","date":"March 7, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Worldpay promises jobs boost as profits soar","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59933"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=59933"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59933\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=59933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=59933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=59933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}