PaySafe waves goodbye to AIM


(MENAFN- ProactiveInvestors)AIM investors this morning bade farewell to one of the biggest companies trading on the junior bourse. For PaySafe (LON:PAYS) the online payment firm formerly known as Optimal Payments transferred to a main market – its last stop towards inclusion in the FTSE 250. The switch was precipitated by Optimal's £810mln takeover of private equity owned rival Skrill earlier this year. Having successfully negotiated the regulatory hurdles and survived a hack the company debuted with a 1% rise in the share price to 353.25p valuing the business at £1.7bn. That market capitalisation would catapult PaySafe near to the top of the mid-caps.


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