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.
Convenience store committed to expanding its Manx produce offering
Local haulier says latest Steam Packet fuel surcharges can't be absorbed
Hopes indoor padel club will 'fit in with the nature around it'
Island housing issues an 'injustice' for young people says expert
