Worldpay and Vantiv talks given new Friday deadline

Worldpay has been given an extension by the UK Takeover Panel to allow it to finalise 'put up or shut up' talks with US suitor Vantiv.

Having been asked to declare its intentions by Tuesday 8 August, the two sides have said they needed more time to dot all the lower-case j's and cross all the f's of the offer as well as publish Worldpay's half year and Vantiv's second quarter results on Wednesday 9 August.

Vantiv will now have until 1700 BST on Friday 11 August to clarify its intentions by either announcing a firm intention to make an offer or that it does not intend to make an offer.

"Positive discussions are continuing," Worldpay said.