Total System Services to buy Cayan for $1.05 bln

From Reuters - December 18, 2017

(Reuters) - U.S. payment processor Total System Services Inc (TSYS) on Monday said it would buy payment technology company Cayan in an all cash deal valued at $1.05 billion.

BofA Merrill Lynch and Greenhill & Co LLC are acting as financial advisers to TSYS, while Financial Technology Partners LP is the financial adviser to Cayan.


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