Deals
Wirecard Said to Join Worldpay Contest With $9.4 Billion Bid
- Payments processing firm Worldpay is also preparing for an IPO
- Company has also attracted interest from private-equity firms
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German payments processor Wirecard AG has joined the bidding for U.K. rival Worldpay Ltd., according to people with knowledge of the matter.
Wirecard is competing against private-equity bidders, including a joint proposal from Blackstone Group and Hellman & Friedman, as Worldpay also prepares for a possible initial public offering, the people said, asking not to be identified because the process is private.