Paysafe snapped up in record-breaking $9bn SPAC deal

Payments specialist to “accelerate growth” in igaming amid NYSE listing with Foley Trasimene Acquisition Corp. II

Payment solutions giant Paysafe will merge with special purpose acquisition company (SPAC) Foley Trasimene Acquisition Corp. II in a $9bn (£6.8bn) deal. The SPAC, which is backed by 75-year-old billionaire Bill Foley, will facilitate the listing of Paysafe on the New York Stock Exchange under the symbol PSFE. The agreement represents the largest SPAC-led takeover…

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