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Belgium,United States : FIS inks pact for Clear2Pay buyout, worth 375 million euros [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Fidelity National Information Services (FIS), IT services provider recently declared about inking a definitive deal for taking over Brussels, Belgium-based Clear2Pay, worth 375 million euros. The buyout will be neutral to adjusted earnings each share in 2014, as per the FIS anticipation. Gary Norcross, president and chief operating officer of FIS said, "This strategic acquisition demonstrates our commitment to delivering the technologies and assets that will enable our clients, especially large and global institutions, to realize a truly modern payments environment..." The combination will be uniquely qualified to supply true payment systems convergence, the firm considers, stated by Michel Akkermans, chief executive officer and chairman of Clear2Pay. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). [ Back To TMCnet.com's Homepage ] |