Worldpay said to get bids from Blackstone, CVC, H&F

Several investment firms are reportedly examining takeover bids for UK-based payment processing company Worldpay, which is drawing up plans for a stock market listing valuing it at £6bn.

According to Sky News, Blackstone, CVC and Hellman & Friedman (H&F) are among the private equity firms in talks with Worldpay’s owners about making offers that could derail a public listing.

Although none of the proposals are at a formal stage yet, CVC is understood to be working with a major Canadian pension fund, said to be the Canada Pension Plan Investment Board, while H&F is discussing a joint bid with Singapore's Government Investment Corporation, according to insiders cited by Sky.

Worldpay is owned by Advent International and Bain Capital, two buyout firms which have controlled the payments processor since 2010.