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UK investor body expresses dissatisfaction over Worldpay/Vantiv deal

U.K.-based investor body the Investor Forum has expressed its dissatisfaction with U.S. payments firm Vantiv Inc.'s proposed £9 billion merger with British rival Worldpay Group plc, Sky News reported Aug. 3, citing "City sources."

The body told Worldpay its members, which include large institutional investors, are dissatisfied with the modest takeover premium and said the combined firm should retain some kind of public listing in London.

"Either this is a takeover, in which case Vantiv needs to pay an appropriate premium, or it's a merger, in which case U.K. fund managers want continued access to an attractive high-growth company," one investor reportedly said.