
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.