Global Payments Slides 10% as CD&R and GTCR Walk Away From Buyout Talks
Global Payments shares fall 10.7% after Barron's, citing Reuters, reported that private equity firms CD&R and GTCR ended talks on a potential take-private deal.
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what happened
Shares of payments processor Global Payments are falling after a report that private equity firms CD&R and GTCR have backed away from talks on a possible take-private acquisition of the company. Barron's reported the news, citing Reuters.
According to people familiar with the matter, the firms left the talks because of the complexity of a deal of this scale. It could have been one of the largest leveraged buyouts in the payments sector. Global Payments could not be reached immediately for comment.
The stock traded near $90.90 in afternoon trading on Thursday and is up 17.5% so far this year. The sources told Reuters that CD&R and GTCR could resume discussions later, or another buyer could emerge.
why it matters
The report shows how difficult large buyouts have become: buyers face higher borrowing costs, harder financing conditions and closer scrutiny of leverage. The exit of the two firms also removes hopes of a takeover premium, which is why the shares are reacting with a decline.
market impact
Global Payments shares: loss of buyout interest weighs on the stock
- Global Payments shares pressure down — takeover premium expectations fade after the firms walked away from talks
tags
instruments
sources
- This Fintech Is Getting Clobbered. Buyouts Are Tough These Days. — Barrons.com, 12 November 2026 at 19:30 UTC
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