Paysafe SPAC merger : UK-based online payments company Paysafe Group is set to go public by merging with Foley Trasimene Acquisition Corp. II in a deal that values the former at around $9 billion. The special purpose acquisition company (SPAC) is backed by US businessman William P. Foley, II (Bill Foley). Following the completion of […]
Third Point Re, Sirius merger : Bermuda-based specialty property and casualty reinsurer Third Point Reinsurance (Third Point Re) has signed a cash cum stock deal worth around $788 million to acquire Sirius International Insurance Group (Sirius Group), a global multi-line insurer and reinsurer. Sirius Group, which is also based in Bermuda, will enable Third Point […]
