Paysafe Readies $9 Billion IPO Via SPAC
PYMNTS
DECEMBER 6, 2020
Paysafe is backed by Blackstone and CVC Capital Partners , and the deal with Foley Trasimene Acquisition Corp II is set to create an entity worth around $9 billion, according to sources quoted by Bloomberg. The SPAC is likely to raise around $1 billion in new equity to bolster the transaction. billion, Bloomberg reported.
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