, a leading global provider of online gambling payment solutions, has confirmed it has received a conditional offer from CVC Capital Partners and investment group Blackstone that values the business at £2.9 billion.
According to a statement from Paysafe Group, Blackstone and CVC Capital made an initial approach in May and have since been in talks and discussions about a potential deal. When Paysafe Group released a statement to the London Stock Exchange on July 21, shares in Paysafe Group soared to an all time high of 591 pence per share; stock in Paysafe Group has increased more than 58 percent during 2017.