Deals
Payments Firm ACI Worldwide Weighs Potential Sale, Shares Surge
- ACI shares surge up to 14%, the most since March of 2020
- Company seen as ripe for takeover as sector consolidates
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Payments-software provider ACI Worldwide Inc. is in talks with private equity firms about a potential sale, according to people familiar with the matter.
The Naples, Florida-based company is working with financial advisers as it fields takeover interest, said the people, who asked to not be identified because the matter isn’t public. There’s no certainty ACI will reach a deal given the rocky state of the leveraged financing markets, one of the people said.