Worldpay board backs £7.7bn Vantiv takeover as JPMorgan exits

Worldpay has agreed terms of a potential takeover by a larger US rival.Britain's biggest payments processor announced the development shortly after Sky News revealed that credit card technology firm Vantiv had been locked in discussions all night on securing an agreement with the Worldpay board.Worldpay, which had disclosed talks with both Vantiv and JPMorgan Chase a day earlier, said its shareholders would net 55p-per-share in cash and new Vantiv shares - along with a cash dividend of 5p per Wo