Blackstone and CVC hope to gain access to fast-growing sector with bid for FTSE 250 company based on Isle of ManThe scramble to capitalise on the growing trend to shop online is continuing after the payments processor Paysafe received a near-£3bn bid from a private equity consortium eager to gain access to the fast-growing sector.Shares in Paysafe shot to record highs after the announcement of the 590p-a-share offer from the private equity houses Blackstone and CVC, a consortium that has made four approaches for the company since May. Continue reading…
Source : theguardian.com
Read more…Private equity houses offer £3bn for payments processor Paysafe















