IPOX Schuster LLC


IPOX Breaking News: IPOX Holding Worldpay soars amid takeover interest from Vantiv, JP Morgan / ETF in focus: FPXI!

IPOX is pleased to note buy-out interest for IPOX-tracked UK payment processor London-traded 10/2015 IPO Worldpay (WPG LN). The stock surged +27.7% after confirmation that is was approached by U.S. payment processor 2012 IPO former IPOX holding Vantiv (VNTV US), as well as U.S. banking group JPMorgan Chase (JPM US).

Worldpay (WPG LN) is a holding in a number of IPOX Indexes, including the IPOX International (IPXI) and IPOX Europe (IXTE).

After the acquisition of specialty pharma maker Patheon (PTHN US), this marks the second time in just over six weeks that an IPOX Holding has been subject to a significant corporate action.

Exchange-Traded Funds (ETFs) tracking the firm include the IPOX-linked First Trust International IPO ETF (ticker: FPXI). As of July 3rd 2017, the ETF has gained +23.06% YTD.

Best Regards

The IPOX Team

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