That's the main reason behind U.S. market leader Vantiv Inc.'s $10.4 billion takeover of Worldpay Group Plc, its British counterpart.
The combined company will now seek a secondary listing in London, something that should allow investors restricted to holding U.K. stocks to share in any upside created by the deal.
Worldpay shares ticked up 0.1 percent, to 384 pence on Wednesday, not far short of the implied 397 pence-a-share Vantiv is offering in cash and stock.
Vantiv has a lot of experience integrating acquisitions, with recent purchases including Mercury Payment for $1.7 billion and Moneris USA for $425 million.
The target trades at 29 times forward earnings, according to Bloomberg data, a premium to Vantiv and Danish peer Nets A/S.
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