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Tag Archives: CVC

UK – Paysafe agrees deal with CVC and Blackstone

Digital payment business Paysafe has agreed on the terms of a £2.96bn offer from private equity companies CVC and Blackstone. The deal will give Blackstone and CVC exposure to the online gambling and gaming sector. Dennis Jones, Chairman of Paysafe, said the company had enjoyed a ‘remarkable journey’ of growth. “The offer from the Consortium…

UK – Potential bid for Betfair

Betfair is potentially the target of a takeover offer from CVC Capital Partners, the private equity firm that owns Formula One motor racing. CVC has said it is in talks with investors about the possibility of making a joint offer for Betfair, which has a market value of around £800m ($1.2bn). CVC said it had…