In premarket trading on Monday, shares of Fidelity national information services Inc. FIS +3.36% rose 6% after a Financial Times article from Friday mentioned private equity interest to buy a possible majority share in the company’s Worldpay division. According to the FT, private equity groups are considering a bid that could be worth up to $15 billion. FIS announced previously plans to spin-off its merchant business which is largely made up of Worldpay into a separate company. This move would reverse the merger between Worldpay and FIS announced in early 2019. FIS did not immediately respond to MarketWatch’s request for comment. Trevor Williams, an analyst at Jefferies, wrote that the $15 billion headline value “implies modest dilution,” but that he would still view this outcome as positive. He believes that RemainCo will trade for a higher multiple compared to FIS’ current [consolidated] valuation.