'ACI Worldwide Explores Sale Of Billing Division; Potential Sale Could Value Billing Unit At About $1.5 Billion, Sources Say' - Reuters Exclusive
Payments provider ACI Worldwide ACIW.O is exploring a sale of its billing division, according to three people familiar with the matter, as strong investor demand for payments software and recurring-revenue businesses
ACI Worldwide is thinking about selling one part of its business (the billing division) that helps companies collect payments from customers. This could mean the company is reshaping itself, and investors watch when companies sell pieces to see if leadership is making smart moves.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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