Paysafe said it has received a possible 590 pence all cash offer for the company from funds managed by Blackstone and CVC Capital Partners after being first approached in May.
Although the company did say There can be no certainty that an offer will be made.
Separately, they announced it is buying Delta Card Services Inc., the holding company for Merchants’ Choice Payment Solutions, a payment processor based in Texas, U.S., for $470 million in cash.
At 8:50am the stock was trading up c.8.3% at c.587.00p