Vantiv, Inc (NYSE:VNTV) agreed to acquire Worldpay Group plc (LSE:WPG) for £7.6 billion on July 5, 2017. As on August 9, 2017, Vantiv, Inc (NYSE:VNTV) signed an agreement to acquire Worldpay Group plc (LSE:WPG). Under the terms of the agreement, the ordinary shareholders of Worldpay will receive £0.55 in cash and 0.0672 new Vantiv shares. Post-acquisition, Worldpay shareholders will own approximately 43% and Vantiv shareholders will own approximately 57% of the combined company. Vantiv, LLC executed an incremental amendment to the loan agreement with various financial institutions and their affiliates, providing Vantiv, LLC with commitments to fund $1.605 billion (£1.2 billion) of additional five-year term A loans, $1.129 billion (£873 million) of additional seven-year term B loans, and $350 million (£270 million) of additional revolving credit commitments. On September 8, 2017, Vantiv, LLC entered into an amendment and restatement agreement with various financial institutions and their affiliates, to amend and restate the existing loan agreement to, among other things, refinance and extend the maturity of the existing term A-3 loans, provide Vantiv, LLC with $250 million (£193 million) of additional revolving credit commitments, and to refinance and extend the maturity of the existing revolving credit commitments, the effectiveness of which is subject to, among other things, the consummation of the acquisition. The proceeds of the commitments provided under the incremental amendment will be used to, among other things, provide the cash consideration for the acquisition, refinance existing debt of Worldpay, and pay fees and expenses in connection with the foregoing and for working capital and general corporate purposes. The combined company will be named as "Worldpay". The combined company’s Class A common stock will be primarily listed on the New York Stock Exchange under the symbol WP and on London Stock Exchange with symbol WPY. As a result of the merger, the combined group will be led by Charles Drucker as Executive Chairman and Co-Chief Executive Officer and Philip Jansen as Co-Chief Executive Officer, with Stephanie Ferris as Chief Financial Officer. Royal Cole will become Executive Vice President, Head of the North American region. Steve Newton will take the role of Executive Vice President, Head of the U.K. and European region. Shane Happach will be appointed as Executive Vice President, Head of Global Enterprise eCommerce. Matt Taylor will serve as Executive Vice President, Global Integrated Payments and SMB eCommerce. Mark Heimbouch will become Chief Operating Officer of combined company. Mark Kimber will become Combined Company's Chief Product Officer. Kevin McCarten will take role of Combined Company's global Chief Strategy Officer. Ron Kalifa will serve as Executive Director. Ned Greene will serve as the Combined Company's global CLO and Corporate Secretary of the board of directors. Kim Martin will take the role of Combined Company's global Chief Human Resources Officer. The board of the combined company will consist of five Worldpay Directors and eight Vantiv directors. Michael Rake will be the lead Director of the Board of the combined company and Jeffrey Stiefler will continue to serve on the Board of the combined company in a non-executive position. Following completion of the merger, Worldpay shares will be delisted from the London Stock Exchange. Following completion of the merger, Cincinnati, Ohio will become the combined company's global and corporate headquarters and London, U.K. will become its international headquarters. The deal is subject to approval by Worldpay shareholders at the General Meeting, the sanction of the scheme by the Court, the issuance of the new Vantiv shares in connection with the merger being duly approved by the affirmative vote of the majority of the votes cast at the Vantiv shareholders' meeting, confirmation having been received by Vantiv that the New Vantiv Shares have been approved for listing, subject to official notice of issuance, on the New York Stock Exchange, the FCA having acknowledged to Vantiv that the application for the admission of the New Vantiv Shares to the Official List with a standard listing has been approved, and receipt of regulatory and merger control approvals including HSR Act clearance, as well as other customary closing conditions. The Worldpay Directors intend to recommend unanimously those Worldpay shareholders to vote in favor of the resolutions relating to the Scheme at the meeting. The shareholder meeting for approval of transaction by shareholders of both Worldpay and Vantiv is expected to take place on January 8, 2018. As of November 27, 2017, the waiting period under the HSR act has expired and all required pre-closing approvals have been received from the Financial Conduct Authority. As of January 8, 2018, the transaction is approved by the shareholders of Worldpay. High Court of Justice in England and Wales made an order sanctioning the scheme on January 11, 2018. As on January 12, 2018, application has been made for 299.86 million shares of class A common stock to be admitted to the standard listing segment of the official list of the UK Listing Authority and to trading on the main market for listed securities of the London Stock Exchange plc. The deal is expected to close in first quarter of 2018. As of November 28, 2017, the long stop date is March 31, 2018. As of December 5, 2017, the transaction is expected to close on January 16, 2018. Anthony Gutman, Stephen Considine and Owain Evans of Goldman Sachs International and Richard Taylor and Matthew Smith of Barclays Bank PLC acted as the financial advisors, Andrew Hughes and James Murgatroyd of Finsbury acted as public relations advisor and Alisdair Gayne and Robert Mayhew of Barclays Bank PLC and Charlie Lytle of Goldman Sachs International acted as brokers to Worldpay Group. Alasdair Balfour, Duncan Bellamy, Brittany Beyer, Joanna Broadwith, Nat Burnett, James Burton, Kenneth Ching, Fergal Coney, Richard Cranfield, Murad Mustafa Daghles, Eric Davison, Shoshana Dembitzer, Jeff Hendrickson, Richard Hough, Elaine Johnston, Seth Jones, Etay Katz, Dave Lewis, Yin Mei Lock, Luke MacLeod, Robin Marshall, Paul McCarthy, Puja Patel, Tara Rajah, Brid Rooney, Bill Satchell, Brian Schultz, Eric Shube, Mark Sorensen, Harriet Stephenson, Barbara Stettner, Chloe Tomlinson, Miao Qun Unsworth-Tang, Catherine Wylie and Stephanie Yiolitou of Allen & Overy LLP acted as legal advisors for Worldpay. Seth Bergstein, Brad Whitman, Colm Donlon and Matthew Jarman of Morgan Stanley & Co. International plc, Centerview Partners LLC and Brian Gudofsky, Steven Geller, Joe Hannon and Kyle Fry of Credit Suisse Securities (USA) LLC acted as financial advisors and Scott Hopkins, Peter Atkins, David Ingles and Linda Davies of Skadden, Arps, Slate, Meagher and Flom (UK) LLP acted as legal advisors to Vantiv, Inc. John Kiely and Vikki Kosmalska of Smithfield acted as public relation advisors to Vantiv, Inc. Innisfree M&A Inc. acted as proxy solicitor to Vantiv and received a fee of $0.03 million (£0.02 million). Morgan Stanley received a fee of $35 million (£27.1 million) and Credit Suisse received a fee of $10 million (£7.7 million). American Stock Transfer & Trust Company, LLC acted as transfer agent to Vantiv. Houlihan Lokey Capital, Inc. acted as a fairness opinion provider to the special committee of the Board of Vantiv. Alexandra D. Korry, Mitchell S. Eitel, Ben Perry, Kiran S. Kadekar, Michael R. Portner Gartke and Ronald E. Creamer of Sullivan & Cromwell LLP acted as legal advisors to Fifth Third Bank. Vantiv, Inc (NYSE:VNTV) completed the acquisition of Worldpay Group plc (LSE:WPG) on January 16, 2018. The listing of Worldpay Shares on the premium listing segment of the Official List and the admission to trading of Worldpay Shares on the London Stock Exchange's Main Market were suspended on January 15, 2018.