Worldpay (LON:WPG) shares jumped nearly 30 percent on Tuesday, after it announced it was considering takeover offers from payment handler Vantiv and JPMorgan Chase.
In a statement the company made it clear it was considering all options: “There can be no certainty either that an offer will be made nor as to the terms of any offer, if made. A further announcement will be made if appropriate.”
Worldpay, the payments processing firm chaired by City veteran Sir Michael Rake, saw shares jump nearly 30 percent on the news, valuing the company at around $8 billion.
It is one of the market leaders in the UK payments industry, handling more than 40 percent of all transactions and employing 5,000 people at its London headquarters.
Its shares are currently trading up 27.86 percent at 408.50 (1357GMT).
