Global Payments (GPN) to Divest Payroll Business
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Global Payments Announces Agreement to Divest Payroll Business
May 28, 2025 6:55 AM EDTDivestiture is latest in series of transactions designed to simplify business Transaction proceeds to be used to return capital to shareholders
ATLANTA--(BUSINESS WIRE)-- Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced today that it has entered into a definitive agreement to divest its Payroll business to Acrisure, a financial technology company based in Grand Rapids, Michigan for total consideration of $1.1 billion.
Global Payments intends to use the after-tax proceeds from the divestiture to return capital to... More

