Central banks in spotlight amid Brexit uncertainty and growth concerns
US financial technology firm FIS will buy Worldpay in a deal which values it at $43bn (£32bn), the companies said on Monday.
Payments company Worldpay was founded in the UK, before being bought by Royal Bank of Scotland. However, it was sold as part of the deal for its government bailout, and has been acquired multiple times – including a £9.3bn deal in 2017.
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The FTSE’s mining cohort is making the running this morning, pushing the index up by half a percentage point.
Rio Tinto is the biggest gainer, up by about 2.2%, but it’s barely ahead of a procession of miners.