Wirecard, a German payments company, has joined the list of suitors for British payments processing company Worldpay with $9.4bn bid, Bloomberg has reported.

Wirecard is competing against private-equity bidders, including a joint proposal from Blackstone Group and Hellman & Friedman.

No final decision has been made and a few potential buyers are still in the running, Bloomberg quoted undisclosed sources as saying.

Advent International and Bain Capital, current owners of Worldpay, are preparing the company for a London stock market listing which is likely to propel the firm into the FTSE 100.

To lead the listing of the company, they recently hired Barclays’ deputy chairman Michael Rake as new chairman of Worldpay.

 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.