A Manx-based online payment processor could be taken over for as much as £3 billion.
Paysafe, which is based in Victoria Street in Douglas, has been targeted by two private equity companies.
The firms, CVC and Blackstone, have until the middle of August to make their bid.
Paysafe offers digital wallet services, and is listed on the FTSE 250 index in London - last year is reported annual revenues of $1 billion.
UK Dandara subsidiary loses £5.4 million tax court battle
A UK court has ruled corporation tax applies to profits made by a Manx-based company.
Peel Ports gets new chief operating officer
The owner of Dublin, Heysham and Liverpool ports has a new chief operating officer.
Income tax return deadline approaching
There's just over a month left to submit your personal income tax returns.
Businesses invited to help save lives at motorsport events
Could your business help save lives at the Island's motorsports events?
Northern burger shop announces closure
A burger shop in the North has announced it's closed.
Island to be represented at Cannes Yachting Festival
The Isle of Man will be at the Cannes Yachting Festival next month.
New rules for charities to be considered
New financial rules for charities will be considered later this year.
Big Manx Feast tickets now on sale
Tickets have gone on sale for a huge food and drink festival in Douglas next month.
Comments
Add a comment