LONDON (Reuters) - 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. It generates $50 million in revenue, the person added, speaking on condition of anonymity.
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