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Vantiv Inc (VNTV.N)

VNTV.N on New York Stock Exchange

71.34USD
21 Nov 2017
Change (% chg)

$0.54 (+0.76%)
Prev Close
$70.80
Open
$70.60
Day's High
$71.34
Day's Low
$70.60
Volume
861,826
Avg. Vol
554,121
52-wk High
$73.14
52-wk Low
$54.40

Latest Key Developments (Source: Significant Developments)

Vantiv sees FY 2017 adj. pro forma EPS $3.34 to $3.36
Thursday, 26 Oct 2017 07:00am EDT 

Oct 26 (Reuters) - Vantiv Inc :Vantiv reports third quarter 2017 results.Sees q4 2017 gaap earnings per share $0.24 to $0.30.Sees fy 2017 gaap earnings per share $1.42 to $1.47.Q3 adjusted pro forma earnings per share $0.90.Q3 gaap earnings per share $0.57.Q3 revenue rose 13 percent to $1.034 billion.Sees q4 2017 revenue $556 million to $566 million.Sees fy 2017 revenue up 11 percent.Sees fy 2017 revenue $2.11 billion to $2.12 billion.Sees q4 2017 adjusted pro forma earnings per share $0.94 to $0.96.Sees fy 2017 adjusted pro forma earnings per share $3.34 to $3.36.Q3 revenue view $551.5 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.94, revenue view $561.2 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $3.35, revenue view $2.12 billion -- Thomson Reuters I/B/E/S.  Full Article

Vantiv and Visa launch new small business merchant settlement service, fastaccess funding​
Thursday, 14 Sep 2017 09:00am EDT 

Sept 14 (Reuters) - Visa Inc ::Vantiv Inc - Vantiv and Visa launch new small business merchant settlement service, fastaccess funding​.  Full Article

Vantiv says ‍existing credit facilities of its units were further amended
Monday, 11 Sep 2017 08:36am EDT 

Sept 11 (Reuters) - Vantiv Inc ::Vantiv - ‍existing credit facilities of co's units were further amended pursuant to third amended and restated loan agreement, dated September 8​.Vantiv - ‍third amended and restated loan agreement provides for senior secured credit facilities comprised of $4.01 billion of term A loan tranches.  Full Article

Vantiv says certain lenders to give Vantiv LLC unsecured bridge loan of up to $1.13 bln - SEC filing
Wednesday, 9 Aug 2017 07:52am EDT 

Aug 9 (Reuters) - Vantiv Inc :Vantiv says certain lenders have committed to make available to Vantiv LLC new unsecured bridge loan facility of up to $1.13 billion - SEC filing.Vantiv - Vantiv LLC, others entered backstop commitment letter pursuant to which lenders agreed severally to provide up to $1.0 billion revolving credit facility.Vantiv - Backstop lenders also agreed to provide up to $4.10 billion Term A loan facility, $3.2 billion Term B loan facility for benefit of Vantiv LLC, some units​.  Full Article

Vantiv posts Q2 GAAP earnings per share $0.42
Wednesday, 9 Aug 2017 02:15am EDT 

Aug 9 (Reuters) - Vantiv Inc :Vantiv reports second quarter 2017 results.Sees Q3 2017 GAAP earnings per share $0.41 to $0.43.Sees FY 2017 GAAP earnings per share $1.31 to $1.36.Q2 adjusted pro forma earnings per share $0.83.Q2 GAAP earnings per share $0.42.Q2 revenue rose 12 percent to $998.8 million.Q2 revenue view $525.1 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $544 million to $554 million.Sees FY 2017 revenue $2.1 billion to $2.12 billion.Sees Q3 2017 adjusted pro forma earnings per share $0.88 to $0.90.Sees fy 2017 adjusted pro forma earnings per share $3.31 to $3.36.Q3 earnings per share view $0.86, revenue view $547.0 million -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $3.27, revenue view $2.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Fifth Third Bancorp announces agreement to sell Vantiv shares
Tuesday, 8 Aug 2017 11:13am EDT 

Aug 8 (Reuters) - Fifth Third Bancorp ::Fifth Third Bancorp announces agreement to sell Vantiv shares.On consummation of share repurchase, Fifth Third will no longer be entitled to appoint a director to Vantiv's board of directors​.During Q3, Co expects to recognize pre-tax gain of about $1.0 billion related to agreements with Vantiv​.On consummation of share repurchase Fifth Third's remaining director will resign from Vantiv's board​.Assuming after-tax proceeds are deployed into share repurchases, impacts of transactions are expected to be accretive to 2018 EPS​.Fifth Third currently expects to repurchase common shares from realized after-tax gains from transaction​.Fifth Third will continue to account for its ownership in Vantiv Holding LLC under equity method of accounting​.  Full Article

Worldpay gets second deadline extension for Vantiv deal
Tuesday, 8 Aug 2017 02:08am EDT 

Aug 8 (Reuters) - Worldpay Group Plc :Further extension of put up shut up (PUSU) deadline.Worldpay group plc - board of Worldpay has requested that panel on takeovers and mergers ( panel) extend PUSU deadline.An extension has been granted by the takeover panel and Vantiv is required, by not later than 5.00pm on 11 august 2017 to make a firm bid or walk away.  Full Article

Investor Forum has held series of talks with Worldpay over the terms of its 9 bln stg sale to Vantiv - Sky News
Thursday, 3 Aug 2017 07:12am EDT 

Aug 3 (Reuters) - :Investor Forum has held a series of talks with Worldpay over the terms of its 9 billion stg sale to Vantiv of the U.S. - Sky News, citing sources.  Full Article

JPMorgan Chase & Co says does not intend to make offer for Worldpay
Wednesday, 5 Jul 2017 08:16am EDT 

July 5 (Reuters) - JPMorgan Chase & Co :Response to announcement by Worldpay Group Plc.Announces that it does not intend to make an offer for Worldpay.In response to an invitation from Worldpay, J.P. Morgan was at very early stage in considering whether or not to make an offer or terms of any offer for Worldpay.  Full Article

Worldpay agrees terms of possible offer with Vantiv
Wednesday, 5 Jul 2017 07:38am EDT 

July 5 (Reuters) - Worldpay Group Plc :Vantiv Inc and Worldpay Group Plc agree to key terms of possible offer.Total value to Worldpay shareholders would be £3.85 per Worldpay share comprising 5 pence dividend payment and £3.80 per Worldpay share under terms of potential merger.Under terms of potential merger, shareholders of Worldpay would receive for each share in Worldpay £0.55 in cash and 0.0672 new Vantiv shares.Worldpay shareholders to be entitled to cash dividend of 5 pence per Worldpay share, in place of anticipated interim dividend payment.Combined group is expected to benefit from its strong presence and substantial opportunities in integrated payments and global ecommerce.Worldpay's current trading and outlook for half year is in line with Worldpay's management expectations.Worldpay and Vantiv have identified substantial opportunities for cost synergies, which support significant potential shareholder value creation.Following completion of potential merger, Worldpay shares will be delisted from London Stock Exchange.Discussions between parties remain ongoing regarding other terms and conditions of potential merger.Following completion of potential merger, Worldpay shareholders would own about 41% of share capital of combined group on fully diluted basis.Combined group will be led by Charles Drucker as executive chairman and co-CEO and Philip Jansen as co-CEO, with Stephanie Ferris as CFO.  Full Article

BRIEF-Temasek Holdings takes share stake in Vantiv Inc, raises share stake in Amgen

* Temasek Holdings (Private) Ltd takes share stake of 982,057 Class A shares in Vantiv Inc - SEC filing