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Home » Ant Group close to buying MultiSafepay in about $200 million deal-sources

Ant Group close to buying MultiSafepay in about $200 million deal-sources

    Ant Group is closing in on a deal to buy Dutch payments firm MultiSafepay as part of the Chinese financial technology group’s latest push into Western payment markets, people familiar with the matter told Reuters. The transaction, which is subject to regulatory approval, is expected to value MultiSafepay at around $200 million, one of the people said. Ant, an Alibaba Group affiliate, did not immediately respond outside Asia business hours.

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