Global Payments rises after report says Elliott has built stake in company

Global Payments

15/07/2025 21:38

** Shares of payments technology firm Global Payments GPN.N rise 5.7% to $82.02 after the bell

** Activist hedge fund Elliott Management has built a significant stake in GPN following deal for Worldpay, Financial Times reports

** GPN had in April agreed to buy Worldpay from FIS FIS.N and private equity firm GTCR for $24.25 billion in a three-way deal

** GPN and Elliott did not immediately respond to Reuters' requests for comment

** Stock has fallen 30.7% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))