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Advent, Bain bid for BS Payone: Financial News

Advent International and Bain Capital are among bidders looking to invest in German payments company BS Payone GmbH, according to Financial News. DSV Group, which owns a majority of BS Payone, has hired Ernst & Young LLP in Germany to advise on the sale, the story said. The process is at an early stage, Financial News said. Advent and Bain have collaborated on payments deals before, including their buy of Worldpay in 2010.