Nuvei Corporation, a global payment firm, plans to
privatize its operations in a deal led by Advent International, a private
equity investment firm. This all-cash transaction is valued at approximately
US$6.3 billion.
Under the terms of the agreement, Nuvei’s shareholders
will receive US$34 per share in cash. With a focus on providing modular,
flexible, and scalable solutions, Nuvei’s global footprint spans over 200
markets. The company offers more than 680 payment methods.
Philip Fayer, Nuvei’s Chair and Chief Executive
Officer, mentioned: “This transaction marks the beginning of an exciting
new chapter for Nuvei, and we are glad to partner with Advent to continue to
deliver for our customers and employees and capitalize on the significant
opportunities that this investment provides.”
Expect ongoing updates as this story evolves.
Nuvei Corporation, a global payment firm, plans to
privatize its operations in a deal led by Advent International, a private
equity investment firm. This all-cash transaction is valued at approximately
US$6.3 billion.
Under the terms of the agreement, Nuvei’s shareholders
will receive US$34 per share in cash. With a focus on providing modular,
flexible, and scalable solutions, Nuvei’s global footprint spans over 200
markets. The company offers more than 680 payment methods.
Philip Fayer, Nuvei’s Chair and Chief Executive
Officer, mentioned: “This transaction marks the beginning of an exciting
new chapter for Nuvei, and we are glad to partner with Advent to continue to
deliver for our customers and employees and capitalize on the significant
opportunities that this investment provides.”
Expect ongoing updates as this story evolves.
