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Paysafe Considers $3.80-Billion Buyout Offer

Private equity firms Blackstone Group and CVC Capital Partners have offered to pay $3.80 billion in cash to acquire Paysafe, a publicly traded (London Stock Exchange) payment processor. If Paysafe shareholders accept their offer, the buyers will sell some of Paysafe’s assets to help finance the deal. The purchase price represents a 9% premium over Paysafe’s current stock valuation and a 34% premium over Paysafe’s volume-weighted share price for the six-month period ended June 30. Paysafe, a principal member of Visa and Mastercard for merchant acquiring and prepaid card issuance, offer...

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August 2017
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