Global Payments Agreed To Sell AdvancedMD to Francisco Partners
Portfolio Pulse from Benzinga Newsdesk
Global Payments has agreed to sell AdvancedMD to Francisco Partners, while establishing a long-term commercial partnership with AdvancedMD. This move is part of Global Payments' strategy to streamline its business and enhance shareholder value.
October 30, 2024 | 11:00 am
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Global Payments is selling AdvancedMD to Francisco Partners and forming a long-term partnership with them. This is part of their strategy to streamline operations and enhance shareholder value.
The sale of AdvancedMD and the establishment of a long-term partnership with Francisco Partners is a strategic move by Global Payments to streamline its operations and focus on its core strengths. This is likely to be viewed positively by investors as it aligns with the company's transformation agenda and could lead to enhanced shareholder value.
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