Key facts:

• Capco to become an independent company.
• FIS will receive cash proceeds of $477 million.
• CD&R to acquire 60 percent equity interest; FIS to retain 40 percent.

FIS™ (NYSE: FIS), a global leader in financial services technology, and Clayton, Dubilier & Rice (CD&R) today announced a definitive agreement in which FIS will sell a majority ownership stake in Capco to CD&R, establishing Capco as an independent company.