Private equity firms CD&R and GTCR abandon takeover talks for Global Payments

Private equity firms Clayton, Dubilier & Rice and GTCR ended early‑stage discussions to take Global Payments private. The news sent the stock down about 10%‑12% in a single session, wiping out the buyout premium that had lifted the price earlier in the week. Global Payments carries an enterprise value of roughly $40 billion and a market capitalization of $26.4 billion. The company reported flat revenue of around $7.7 billion for both 2024 and 2025, and GTCR remains its largest outside shareholder with about 15% of the equity.

The collapse of the buyout talks removed a speculative premium, causing a sharp price decline and prompting investors to re‑price the stock based on the standalone business outlook.

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