This can be big: Foley SPAC in merger talks with Blackstone's Paysafe - Bloomberg News
Nov 6 (Reuters) - A blank-check company set up by veteran investor Bill Foley is in talks to merge with online payments firm Paysafe Group Ltd, which is backed by Blackstone Group Inc BX and CVC Capital Partners!
The report, citing people with knowledge of the matter, said Foley Trasimene Acquisition Corp II BFT .U has begun talks with investors to raise more than $1 billion in new equity to support the merger, which would create a company valued at more than $10 billion. (Reuters)
Nov 6 (Reuters) - A blank-check company set up by veteran investor Bill Foley is in talks to merge with online payments firm Paysafe Group Ltd, which is backed by Blackstone Group Inc BX and CVC Capital Partners!
The report, citing people with knowledge of the matter, said Foley Trasimene Acquisition Corp II BFT .U has begun talks with investors to raise more than $1 billion in new equity to support the merger, which would create a company valued at more than $10 billion. (Reuters)
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