Paysafe targeted in potential $10bn SPAC deal

Payments specialist in crosshairs for mega-merger three years on from £3bn takeover

Payments solutions giant Paysafe is reportedly a target for a special purpose acquisition company (SPAC) backed by billionaire Bill Foley. According to Bloomberg, Foley Trasimene Acquisition Corp. II has begun talks with investors to raise more than $1bn (£755m) in new equity to support a potential takeover bid. Paysafe provides a range of payment solutions for…

M&A | Neteller | Payments | Skrill