Hellman & Friedman has been in talks in recent weeks to acquire business payments company Bill (BILL) Holdings, people familiar with the matter told Bloomberg’s Ryan Gould. The PE group has been engaging with Bill and its financial adviser as part of a sale process, according to the sources. Shares of Bill are up 42% in afternoon trading to $50.70 after the financial software company reported earnings and boosted its full-year forecast last night.
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