US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition (Financial Times)

Financial Times:
US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition  —  Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal  —  US-based financial technology group FIS …