Definitive CD&R Take-Private

CD&R converts its pursuit into a binding take-private agreement for Global Payments, likely helped by activist pressure from Elliott and a share price still reflecting integration concerns after the Worldpay deal. The large enterprise value is plausible if lenders and co-investors can underwrite payments cash flow and management accepts a clean exit from public-market scrutiny.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.