Reuters logo
BRIEF-Paysafe says received takeover proposal from funds managed by Blackstone and CVC Capital
July 21, 2017 / 6:06 AM / 4 months ago

BRIEF-Paysafe says received takeover proposal from funds managed by Blackstone and CVC Capital

July 21 (Reuters) - Paysafe Group Plc:

* Paysafe Group statement regarding possible offer

* Paysafe Group Plc says that it has received a preliminary, conditional proposal from funds managed by Blackstone and funds managed by CVC Capital partners

* under terms of possible offer, ordinary shareholders of paysafe would receive 590 pence in cash per ordinary share in paysafe

* consortium indicated financing requirements to be funded in part with proceeds of disposal of business consortium considers to be non-core Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below