The board of UK-based card payment processing business PaySafe has unanimously recommended that shareholders accept the Blackstone and CVC Capital Partners take-private bid for the company, valuing its equity at £2.96bn.
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With the fresh capital, IM Square plans to acquire three to six additional asset managers
Historical investors, including the Region Paris Venture fund and Sibessor2/Investessor, also take part
Early-stage investors High-Tech Gründerfonds and Bayern Kapital are also taking part