Paysafe backs $3.9 billion offer from Blackstone/CVC group
August 04, 2017 at 16:32 PM EDT
(Reuters) - Payments processing company Paysafe Group has backed a 3 billion pound ($3.9 billion) takeover offer from a consortium of funds managed by Blackstone and CVC Capital Partners [CVC.UL], the latest in a string of deals in the sector.