Paysafe jumps after Bloomberg says company responding to takeover interest

Paysafe (PSFE) shares jumped after Bloomberg said the online payments company is exploring a sale after receiving takeover interest. People familiar with the matter tell Bloomberg’s Jan-Henrik Forster and Ryan Gould that Paysafe, which is backed by Blackstone (BX) and CVC Capital Partners, is working with a financial adviser as it explores options. Paysafe is also studying the potential disposal of non-core assets that could take place prior to the sale of the company, the sources said. Following the report, shares of Paysafe jumped 18% and were halted for volatility at $23.32.