December 9, 2020
In the United States and the billionaire owner of the Vegas Golden Knights franchise of the National Hockey League (NHL) has reportedly agreed a deal that is to see online payment systems provider Paysafe Group Holdings Limited once again become a public concern.
According to a Monday report from the Las Vegas Review-Journal newspaper, William Foley (pictured) revealed that his Foley Trasimene Acquisition Corporation II special purpose acquisitions enterprise is to merge with the digital wallet innovator in an arrangement valued at around $9 billion. The Texas-born businessman purportedly explained that the agreement is expected to close by the end of June and will subsequently involve the enlarged entity being listed with the New York Stock Exchange under the continuing leadership of its Chief Executive Officer, Philip McHugh.