Global Payments talks collapse. Clayton, Dubilier and Rice and GTCR have abandoned early-stage discussions to take Global Payments private, Reuters reported on November 12, citing people familiar with the matter. The shares fell about 12 percent on the day, unwinding the premium built since the talks first surfaced on October 30. The people said the discussions stalled on the complexity of financing a take-private of this size: Global Payments carries a market capitalisation of about $26.4 billion and net debt approaching $22 billion, and GTCR is already its largest outside shareholder with roughly 15 percent. A revival, or another buyer, remains possible, the people said.
Afreximbank opens a $2 billion sub-sovereign window. The African Export-Import Bank has opened a $2 billion financing facility for Cross River State and other African sub-sovereign governments to fund bankable projects, its director for trade facilitation and investment promotion, Gainmore Zanamwe, told a media briefing in Calabar ahead of the AfSNET 2026 conference, held November 12 to 14. Access depends on project quality and bankability, and the bank said its investment promotion work has facilitated more than $3 billion of opportunities across 21 African countries over five years. The announcement came in the same week and the same state as the Bakassi port groundbreaking, where Afreximbank is the anchor financier.
USPS wants a permanent fuel surcharge. The U.S. Postal Service filed proposed price changes with the Postal Regulatory Commission on November 12 that would raise domestic shipping prices by an average of 5.9 percent for Priority Mail Express, Priority Mail, Ground Advantage and Parcel Select from January 17, 2027, and convert the temporary 8 percent transportation charge introduced in April into a permanent fuel surcharge of 11 percent. International shipping prices would rise by an average of 7.9 percent. The surcharge would be reevaluated in July 2027 against first-half fuel prices, and the changes, approved by the Postal Service’s Board of Governors, remain subject to commission review.