Worldpay and Vantiv talks given new Friday deadline
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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.
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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.