590p per share offer
There's been a £3 billion takeover bid for a Manx-based UK-listed online payments group, which focuses on the online gambling industry.
Paysafe's board is considering a 590p per share in cash buyout from CVC Capital Partners, and Blackstone - two groups - one offer.
The valuation represents 14 times company earnings before interest, taxes, depreciation and amortisation.
The groups first approached Paysafe in May, but their offer was rejected.
Business confidence cools as costs climb and demand outlook weakens, survey finds
Dates for rebranded Isle of Man Food and Drink Festival announced
Isle of Man launches fourth annual Innovation Challenge
2025 Year of Stamps Marked through Isle of Man Year Collections
