Global Payments shares fell 9 percent on Thursday and were halted under a volatility breaker after Clayton, Dubilier and Rice and GTCR abandoned discussions about a potential acquisition of the payments processor, Reuters reported, citing two people familiar with the matter. The consortium had explored a transaction over the past several weeks, but the early stage discussions did not advance amid the complexity of arranging a take private deal for a company with a market capitalisation of about $26.4 billion. The people said the talks could resume later or another buyer could emerge; CD&R declined to comment, and Global Payments and GTCR did not immediately respond to requests for comment.
Global Payments shares fall as buyout talks are abandoned
Global Payments shares fell 9 percent on Thursday and were halted under a volatility breaker after Clayton, Dubilier and Rice and GTCR abandoned early stage talks on acquiring the payments processor, Reuters reported.
Why it matters: The collapse removes what could have been one of the largest leveraged buyouts in the payments sector, for a company with a market capitalisation of about $26.4 billion, and shows the financing limit for large take private deals at current borrowing costs.
Data as of Reuters report of November 12, 2026, carried by Investing.com and read in full via the estate browser route, citing two people familiar with the matter; CD&R declined to comment and Global Payments and GTCR did not immediately respond, so the account is single sourced. Developing item.
Sources
- Global Payments falls 9% as CD&R, GTCR abandon takeover talks - Reuters, via Investing.com - 2026-11-12