Deals
Global Payments Agrees to Buy Evo for $3.36 Billion
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Global Payments Inc. agreed to buy Evo Payments Inc. to expand into new markets in Europe and South America.
The equity value of the transaction is $3.36 billion, according to a spokesperson for Global Payments. The buyer will pay $34 a share, according to a statement Monday. That’s about 24% higher than the closing price Friday and roughly 40% above the stock’s 60-day average price.